News Focus
News Focus
Followers 30
Posts 2583
Boards Moderated 0
Alias Born 01/27/2007

Re: copperVulture post# 85320

Saturday, 12/29/2007 6:20:20 AM

Saturday, December 29, 2007 6:20:20 AM

Post# of 143048
The numbers you are comparing to in the U.S. are certainly pretty crazy and don't seem plausible. However, by Asian standards, Haorizi's stated goals aren't really that out of line.

In the 7-Eleven link you provided it shows that there are 11,125 stores in Japan. Based on a population of 127mm, that's about one store per 11,000 people.

In Taiwan, there is a 7-Eleven for every 4,930 people, and a convenience store for every 2,500 people:

http://en.wikipedia.org/wiki/Convenience_store

It appears that these little shops carry far more product offerings than do our convenience stores over here, and the disparity in numbers compared to Western markets may have something to do with our increased mobility, but that is just my WAG. In other words, what is "convenience" over there is a store on every corner (sometimes directly across the street from one another), while over here there is more geography between locations.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y