Convenience

Convenience

A small-format retail outlet that offers a limited selection of basic and immediate consumption items, such as packaged foods and drugstore products.

It operates long hours for shopper convenience, catering to quick and essential purchases.

Related Terms

Brand Assessment

Evaluates a brand’s strengths, weaknessess and opportunities for brand development and repositioning.

Bulk Stacking

Optimal way to story inventory in a vertical manner when there is large quantities or excess

Excess Inventory

Also referred to as surplus inventory, denotes the surplus stock held by a company beyond what