what type of retailer is known for easy access extended hours and quick service
Convenience store A convenience store may be part of a gas/petrol station, so customers can purchase goods conveniently while filling their vehicle with fuel.[2] It may be located alongside a busy road, in an urban area, near a railway or railroad station, or at another transport hub. In some countries, convenience stores have long shopping hours, some remaining open 24 hours.
History of Walmart At some point Sam Walton made the decision to achieve higher sales volumes by keeping sales prices lower than his competitors by reducing his profit margin. Inspired by the successes of other discount department store chains, Walton opened the second store in Harrison, Arkansas that year. Responsible for the purchase and maintenance of signage, Walton's assistant, Bob Bogle, came up with the name "Wal-Mart" for the new chain.[2] By 1967, the company grew to 24 stores across the state of Arkansas, and had reached $12.6 million in sales, and by 1968, the company opened its first stores outside of Arkansas in Sikeston, Missouri and Claremore, Oklahoma.[3]