Retail Dogma

growth

The Economics of Retail Expansion

Some of the biggest wealth creation stories have been, and continue to be, achieved through retail businesses. This is because retail trade is a scalable business by nature. It is not uncommon for even the smallest retail businesses to start expanding into two, three and four locations shortly after starting out and seeing how the …

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Cannibalization

When you start growing your retail business and open more locations, cannibalization starts to become something you watch out for. Here we will explain why cannibalization could be considered a side effect, rather than a problem, and how you can minimize it, or even use it to your advantage. What is Store Cannibalization? Store cannibalization …

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