Online Grocery Store App to Take Online Grocery Orders to Supermarket

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Convenience Store

Article2021

Located largely near residential areas, convenience stores are reasonably small outlets that are open for long hours and carry a limited line of high-turnover convenience products at high prices. Although many stores have added food services, consumers use them mostly for "fill-in" purchases, such as bread, milk, or miscellaneous supplies.

In the not too distant past, convenience stores appeared about the same-2,400 square feet of packaged consumer items. Today, companies are approaching markets with different types of stores and different products. There are mini-convenience stores under canopies, conventional size stores with extended foodservice, and hyper-convenience stores with an wide-ranging variety of product offerings, in-store seating and fresh-prepared foodservice. The fastest growing segments of the convenience store market are considered by many to be "nontraditional" stores. That is, store formats other than 2,400 square feet, either larger or smaller.

Based on the research report, six formats were identified as representing trends in the convenience store industry. The six convenience store formats are:

  • Kiosk
  • Mini Convenience Store
  • Limited Selection Convenience Store
  • Traditional Convenience Store
  • Expanded Convenience Store
  • Hyper Convenience Store

Kiosk

This format is less than 800 square feet and meant to provide some supplementary revenue beyond gasoline sales. Gasoline is the focal point of this operation with the owner usually being an oil company or petroleum marketer. Fast-moving items found in conventional convenience stores, like tobacco, beverages, snacks and confectioneries are usually sold in these stores. Store sales may be only 10% of revenues in such locations. Parking is usually only at the pumps. Hours vary depending on the location and the inclinations of the owner. Typical customers are commuters and locals buying gas.

Mini Convenience Store

The format of this store is usually 800 to 1,200 square feet, and is popular with the oil companies as the emphasis is on gasoline sales. However, in these locations the owners regard store sales as an important part of the revenue and margin picture. Grocery selection is negligible and foodservice is usually pre-packaged sandwiches. Usually parking is not available except at the pumps, although some locations do have modest striped parking. Open hours usually range from 18 to 24 hours. Customers are typically people buying gasoline; however, there are stores in urban areas that may not have a gas station.

Limited Selection Convenience Store

These stores range from 1,500 to 2,200 square feet and mostly affiliated with an oil company. Both gasoline and store sales are important profit centers. They differ from the "mini convenience store" because of a wide-ranging product mix and grocery offering, although still restricted by traditional convenience store standards. Also, simple foodservice like hot dogs, nachos, popcorn, etc., may possibly be offered. Although gasoline buyers are the major customers, traditional convenience store patrons are still important. Striped parking and extended hours are common.

Traditional Convenience Store

Most original convenience stores fall into this category. They are about 2,400 to 2,500 square feet in size and provide a product mix inclusive of dairy, bakery, snack foods, beverages, tobacco, grocery, health and beauty aids, confectionery, prepared foods to go, fresh or frozen meats, gasoline, various services and limited produce items. Most stores of this size have 6 to 12 striped parking spaces or some type of convenient pedestrian access. Most are open 24/7 and these ventures are owned by convenience store chains.

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Supermarket Order Taking App to Take Online Order of Grocery and Essentials

Expanded Convenience Store

These stores are in the 2,800 to 3,600 square foot range and can house more shelving for additional grocery products, or space for significant foodservice operations and seating. In terms of other products and services, these stores usually stock up the traditional convenience store items. Parking is important with most having about 10 to 20 marked spaces. Since these stores have extended hours of operations they attract the typical convenience store customer as well as families, women and seniors.

Hyper Convenience Store

These large stores are 4,000 to 5,000 square feet and offer a assortment of products and services by department. For example, stores may offer a bakery, a sit-down restaurant area or a pharmacy. Many of these locations sell gasoline having outsized employees per shift as there is a small restaurant. Ample parking space allows the customer to spend a large amount of time which is quite significant. Hours are extended. Families and senior citizens as well as traditional convenience store customers are patrons. In some locations, stores are mini-truck stops.

While such operating features are not a required condition of membership, convenience stores have the following characteristics:

  • While building size may vary significantly, typically the size will be less than 5,000 square feet.;
  • Off-street parking and/or convenient pedestrian access;
  • Extended hours of operation with many open 24 hours, seven days a week;
  • Convenience stores stock at least 500 SKUs; and
  • Product mix includes grocery type items, and also includes items from the following groups: beverages, snacks, confectionery and tobacco.
  • In spite of the rising popularity of internet shopping combined with home delivery of grocery and convenience items, starting and operating a 'mini convenience store' is still a good business venture to activate that has the potential to generate decent profits. The name suggests it all. In order to succeed in this segment of the highly competitive retail industry, the store must be convenient. This means an easily accessible and highly visible business location, well-stocked with the most popular convenience products, and fast and friendly service. In addition to the usual supply of convenience products, such as milk, eggs, bread, snack items, and soda pop, be sure to add other products and services to attract customers to the store and keep them returning as repeat business. These products and services can include tobacco products, newspapers and magazines, a fax service, photocopying, calling cards, postal stamps, and even fresh-cut flowers for sale on a daily basis.
  • People in a need of a convenient, one-stop place for one or more of their needs

The information provided on this web page is for general informational purposes only and is not a substitute for professional advice. All information is provided in good faith, however we make no representation or warranty of any kind, express or implied regarding the accuracy, validity, reliability, availability or completeness of any information. Accordingly, before taking any actions based upon such information, we encourage you to consult with the appropriate professionals. We do not provide any kind of [medical/legal/fitness/health/other] advice. The use or reliance of any information contained is solely at your own risk.

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