business model

The Mouse That Roared and Defeated Walmart

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The Mouse That Roared and Defeated Walmart 1

Everyone is taught to believe that gigantic retailers are the most efficient distributors of goods to the general public. Small stores may be able to fill tiny niches. They may be quaint and picturesque. However, only the gigantic retailers have the capital and economy of scale to offer everyday lower prices and … Read more

Jewelry Shop Economics

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Quite by accident, I came to frequent a jewelry store that would help me take care of those small problems with watches that can be so vexing. I was tired of department store attendants who could not replace batteries or change watch bands. It seemed that every time I took a watch … Read more