5.3 Convenience retailers / retail sector

Question 1

Name 4 advantages and 1 disadvantages and the 3 reasons for the main disadvantages for a consumer buying at a convenience shop!

Answer 1

advantages:

• 24 hours open
• located close to people
• brands popular with customers
• similar but smaller stock than supermarkets

disadvantages:
- tend to be more expensive
  = higher rents
  = more staff to size
  = Franchise fee