Gibson D. Lewis
Center for Business Research and Economic Development
SMALL IS BEAUTIFUL: THE RE-EMERGENCE OF THE CONVENIENCE STRATEGY
RICHARD METTERS AND MICHAEL KETZENBERG
Abstract
For much of the last few decades it has appeared canonical that "bigger is better" in the physical size of retail stores. In practice, the grocery and general merchandise categories have seen tremendous increases in average store size. Academic literature points to many benefits of size. Advances in information technology and logistics, however, have provided a platform for a cost and quality competitive small store format. The viability and strategic functional choices of the small store, "convenience" strategy is explored.
Gibson D. Lewis
Center For Business and
Economic Development
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