stores such as kwik shops, 7 eleven and gan N shops stores
2006-10-29 03:14:58 · 15 answers · asked by angela s 1 in Local Businesses ➔ Other - Local Businesses
It all has to do with turnover. See the little shops lose more perishables due to lack of sales. The larger stores sell more and have less a problem with this. You really do pay for the "convenience" of items at a convenience store. Most places like that are combination gas and convenience stores, because they make most of their money on the gas. However, this was more true in the older days, now days people do purchase more and more a convenince stores and it is becoming more viable.
2006-10-29 03:19:10 · answer #1 · answered by Shandralyn 2 · 0⤊ 0⤋
A small retail convenience store may not have the luxery of buying in a great deal of bulk. For instance, a small grocery store chain liike Associated Groceries will be cheaper than the mom and pop store with no association.
2006-10-29 11:17:33 · answer #2 · answered by NowayJose 2 · 0⤊ 0⤋
History has shown us that consumers will pay more for "convenience" -- thus convenience stores... The quick in and out of a convenience store, to some, is worth the eighty cents extra than parking, walking around a supermarket, and then waiting in line to pay.
2006-10-29 11:18:31 · answer #3 · answered by SkiHard 3 · 0⤊ 0⤋
The small "convenience" store puts a mark-up on being "convenient". They know that on average you'll buy less products there (i.e. because you're just grabbing some ketchup or milk rather than going to the supermarket to buy groceries for the week...), so they will charge you more to increase the revenue-per-visit.
2006-10-29 11:18:58 · answer #4 · answered by elshrimpbucket 2 · 0⤊ 0⤋
In proportion to the larger stores, their costs are higher. They lack the volume of sales but still have to pay for employees and space to do business. They do not enjoy the huge buying power of the larger stores either.
2006-10-29 11:19:36 · answer #5 · answered by It All Matters.~☺♥ 6 · 0⤊ 0⤋
they can buy in bulk but don't sell stuff like in a regular store where they sell higher amounts so you have to pay for the convenience hence the name quickie and fast with higher prices at no extra charge for higher prices
2006-10-29 11:25:24 · answer #6 · answered by Anonymous · 0⤊ 0⤋
larger stores can buy in bulk as they order more food they get it cheaper. Also as they have a bigger customer base they make their money back anyway. SMaller stores have to pay higher prices for food as they dont buy in bulk and have steeper prices as they need to make money from a smaller customer numver
2006-10-29 11:21:38 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Your paying for the convenience... they are usually easy access store,no lines, easy to run in and out
2006-10-29 21:59:17 · answer #8 · answered by eeeeeeeeclipse 4 · 0⤊ 0⤋
Because they know you've got to have it and it's quicker and easier to stop and buy there than to go to a grocery or other retail store.
2006-10-29 11:16:55 · answer #9 · answered by starrynight1 7 · 0⤊ 0⤋
Because they are open all night and have higher utility bills and pay employees longer hours.
2006-10-29 11:17:19 · answer #10 · answered by Just Bein' Me 6 · 0⤊ 0⤋