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Megastores Want to Be Like Mom-and-Pop Shops… Sort Of

Harvard Business Review

In the words of its executive vice-president and chief merchandising and marketing officer, “This is really the year of localization.”. Even Walmart, which has epitomized national retailing for so many years, is starting to re-think its chain mentality and now places buyers in the field so they can work closely with local farmers.

Retail 8
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How the Internet Saved Handmade Goods

Harvard Business Review

A recent article in The Economist , citing the work of Ryan Raffaelli at Harvard Business School, points to what it calls a “paradox” in the aftermath of disruptive innovation. billion in merchandise. Etsy charges a 20-cent listing fee per item and takes a 3.5% cut of sales. A survey of its 5,500 U.S.-based