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Covenience stores suffering in recession

Four hundred local convenience stores and shops went out of business over the past two years.

The AGM of the Convenience Stores and Retailers Association has heard this afternoon that trading in the sector has fallen by 15 percent.

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CEO of the group Vincent Jennings says the recession is taking its toll, but the government, banks and wholesalers are also heaping more pressure on the local shop.
 

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