With costs up and margins on freeze, independent stores are facing their toughest test yet.
As operating costs climb, market share shrinks, and margins being squeezed to the bone, convenience stores are in pressure like never before, finds Asian Trader. However, neither passing on the cost to customers nor slashing profits to be the cheapest store is a sustainable option, leaving retailers stuck between a rock and a hard place.
2025 is turning out to be a tough year for convenience channel. While each industry report indicates a slipping market share over the past few months, a storm of rises in costs from multiple fronts has extrapolated the woes of the sector.
TWC are delighted to have contributed to this article in Asian Trader.