Can convenience stores really become a breakthrough in gas station turnover?
From the perspective of the market environment, the profit space of the retail market is huge, which is the reason why many big factories are eyeing this cake. After Tmall supermarket and Jingdong Supermarket, Douyin will also become a supermarket. Preparatory work such as trademark registration of "Douyin supermarket" and business pilot are under way. This shows the potential value of the retail industry.
According to the National Bureau of Statistics, retail sales of convenience stores rose 4.6 percent year on year in the January-October period, still performing well despite the pandemic.
Gas stations have customers, customers have demand, convenience store business is promising. But objectively speaking, the convenience store business is not a cure for all gas stations.