Entrepreneurs, Beware: Big Restaurant and Retail Chains Are Thinking Small

Posted by NetworkSolutions under Strategy
From http://www.networksolutions.com 4639 days ago
Made Hot by: Small Business News on March 12, 2012 4:37 am

Independent retailers and restaurant owners who compete against massive chains have long felt that being small offers an advantage in terms of greater personalization. But now big retail and restaurant chains are honing in on what’s been the independent advantage: They’re testing smaller locations, reports the Kansas City Star.

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Comments

Written by HeatherStone
4638 days ago

This is the second story I've seen recently about large businesses borrowing from the small business playbook. We're bound to see more which may cause some small business owners to rethink their own strategies.

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Written by MrsZeus
4639 days ago

I think it was just the matter of time before the downsizing happened. The economy is still not where it should be, and smaller spaces are much easier to operate.

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