Vender Convenience to bring cashless shopping to Edmonton
A former political operative is opening a new cashless, app-based shop downtown in hopes of revitalizing the community convenience store through tech.
Vender Convenience is slated to open this June at 9917 109 Street NW, directly across from The Common and just a few blocks north of the Alberta legislature. It fills a niche for a bustling section of downtown, founder James Johnson told Taproot.
"109 is a busy street," he said. "We've got people at WCB, people at the Legislature, all kinds of offices, and the people that live downtown."
Johnson, a former advisor to the UCP caucus who currently works as a consultant and lobbyist, said he began exploring the concept behind Vender when he noticed his go-to local convenience store had closed during the pandemic, leaving a gap in the quintessential community experience.
"I think for anyone growing up, the corner store is the first place you go to ride your bike and buy candy," he said. "It's just kind of a fixture of every neighbourhood."
Johnson cited a piece by Canada Convenience Store News that says on average, more than three Canadian convenience stores closed per day between 2020 and 2021. That report says credit-card-processing fees are profit-killers, but Vender is banking on its card-payment-only model to save money on labour.
Shoppers must install Vender's app and create a profile using their name, phone number, and payment info before entering the store, then use the app to unlock the door and complete any purchases.
"(The model is) becoming more common in Europe and Asia and other places," said Johnson. "I think it's unique for Canada."
Vender will be open 24 hours a day, seven days a week, but it will only be staffed during the day. Workers will clean, restock, and answer customer questions, but they won't be operating tills.