Question: In the last decade or so there has been a dramatic expansion of small retail convenience stores (such as Kwik Shops, 7 Elevens, Gas, N

In the last decade or so there has been a dramatic expansion of small retail convenience stores (such as Kwik Shops, 7 Elevens, Gas, N Shops), although their prices are generally much higher than prices in large supermarkets. What explains the success of the convenience stores?

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