Convenience stores slug it out

Amid hopes of future growth and demand spike, retail outlet chains brave troubles

Despite tough times and troubles, neighborhood convenience store chains in China are slugging it out, hoping to ride the ever-increasing demand for their services amid perceived prospects for future growth.

These days, consumers are buying all kinds of products, including fast food, ready-to-eat meals, snacks or cold and hot beverages like coffee at neighborhood convenience stores in China, industry insiders said.