A Profitable Play on Southeast Asia's Convenience Stores

Southeast Asia gets richer, urban and more wired every time I visit. Countries that once relied on the warung corner shop or local equivalent replace them with chain convenience stores. It's a shame, and less charming, if you ask me. But whatever I think, the conversion from mom-and-pop store to chain format is going to happen anyway.

While it's tempting simply to buy the stocks of convenience-store chains, there may be an even smarter way to play that trend. Convenience stores in Southeast Asia currently get very little of their revenue from providing consumer services. But consumer-service income is substantially more profitable than traditional retail sales. By honing in on the companies that are best set to build their service income, you gain from increased income, urbanization, e-commerce and the shift to the service economy all in one....1085 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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