The magic of the Japanese konbini
If you have ever been, you know just how essential Japanese convenience stores can be as a one-stop shop to satisfy any of your basic needs.
In Japan, konbinis are big business.
Konbini (コンビニ or sometimes seen as conbini) are Japanese convenience stores. In 2023, konbini sales hit a record ¥11,659bn! Applying an average exchange rate of ¥150/$1, that is $77.7bn.1 For comparison, McDonald’s US sales in 2023 were $53.1bn.
But why does this matter? Why I am devoting 1,000…
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