Over 5,000 Convenience Stores In Shanghai

Chuck Zimmerman

Chinese Chain Store & Franchise AssociationI always thought the corner convenience store was really just an American thing but after travelling in other countries you realize that’s not the case. I just came across a story on China Daily about the huge growth in convenience stores in Shanghai. According to the story there are now over 5,000 of them! That’s since they got started about 10 years ago.

The story quotes a representative of the China Chain Store & Franchise Association saying that the stores have become a part of everyday life in Shanghai. According to the story over 5o percent claimed to be have a profit last year

Agribusiness