Koupon Media Study: The rise of small format retail

Koupon Media Study: The rise of small format retail

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After decades of big-box expansion, the industry is now shifting to smaller stores. In 2015, small format categories — drug, dollar and convenience stores — outgrew larger format stores by almost 400 per cent, and now make up a more than $1 trillion market. This growth is no accident. Demographic shifts paired with online shopping behavior and shifting consumer demands are forcing leading retailers to think small…

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