Big Retailers Are Realising The Risk Of Moving Into Convenience Stores

Supermarkets have moved quickly to capitalise on a growth of inner city dwellers with smaller houses but some retailers like Walmart, Tesco, Morrisons and even Woolworths are back peddling due to the risks.

Read the full article on The Conversation website

NAM Implications:
  • Apart from diminished scale advantages, success at local convenience depends on store-level assortment, tailored to local need.
  • Whilst the mults may back off in the short/medium term, other structural changes in the market for large space retail will probably cause major retailers to find cost-effective ways of ‘coming to a site near you…’