What is Convenience store?
[[File:GUS-STATION in Canada.JPG|thumb|right|250px|{{Center|A [[7 Eleven]] store in Canada}}]] A '''convenience store''' is a small [[shop|store]] that stocks a range of everyday items. These include [[food|groceries]], [[Snack|snack foods]], [[candy]], [[Personal care|toiletries]], [[soft drink]]s, [[Tobacco|tobacco products]], and [[newspaper]]s. They may also offer [[money order]] and [[wire transfer]] services. In some places, corner stores are licensed to sell [[Alcoholic drink|alcohol]], typically [[beer]] and [[wine]]. They differ from [[general store]]s and [[village]] [[shop]]s in that they are not usually in [[rural area]]s. A convenience store may be part of a [[Filling station|gas/petrol station]] chain. It may be located alongside a busy [[road]], in an [[urban area]], or near a [[railway station|railway or railroad station]] or other [[transport hub]].<ref>{{cite web |url=http://www.sbdcnet.org/how-to-start/convenience-store |title=4 Tips for Convenience Store Owners |author=<!--Staff writer(s); no by-line.--> |publisher=SBDCNet |access-date=30 December 2014 |archive-date=16 December 2014 |archive-url=https://web.archive.org/web/20141216203317/http://www.sbdcnet.org/how-to-start/convenience-store |url-status=dead }}</ref> In some countries, convenience stores have long [[shopping hours]], some being open 24 hours. Convenience stores usually charge higher prices than conventional [[grocery store]]s or [[supermarket]]s.<ref name=Baker32>''Getting Prices Right: The Debate Over the Consumer Price Index'', ed. Dean Baker; Economic Policy Institute (Armonk, NY: M.E. Sharpe, 1998), p. 32</ref> But convenience stores have gained [[market share]]. This shows consumers are willing to pay more for [[wikt:convenience|convenience]].<ref name=Baker32/> Convenience stores order smaller quantities of [[inventory]] at higher per-unit prices from wholesalers.<ref name=Grelecki>{{cite web |url=http://www.uta.edu/faculty/mikeward/ECON4311/Projects/convenience.htm |title=The Price of Convenience, A Comparison of Conv