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RE: Daily Dose of Sultnpapper 10/16/18> “Will Eat BBQ 4 U” Vol. 12 Strack’s Family Restaurant & BBQ, Klein, TX.

in #dailydose6 years ago (edited)

Here the corner stores make about 90% of their money on tobacco products, beer, coffee, and gasoline. Everything else makes up the other 10%. So they really good get rid of over the majority of things they carry to sell and never really see a change in their revenue stream. As long as they keep those top sellers.

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It's the same here, plus newspapers and minus the gasoline. They can't compete on the "healthier" products and the margins on fuel are so tight due to taxation etc, that it can be difficult to find a fuel station. Cigarettes are being regulated almost out of existence, which is a good thing, and alcohol is also so highly regulated that most off-licenses have closed down, pubs are either closing or selling up to the big chains and the only outlets making money from alcohol are supermarkets and multinational brewing groups like Whitbread, which also owns Costa Coffee chain.

Here there are gasoline station / convenience stores everywhere it seems, but most of those are chain type stores, the Mom & Pop ones are fast dying off.