Quote:
Originally Posted by Derwood
how can someone not be intimidated by the risk of, say, trying to start up a small appliance store when Best Buy is a mile down the road?
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Well, I can ask the Chinese family that opened a pharmacy just across the street from a CVS and down the street from a 24 hour Rite Aid. Many in the neighborhood predicted their demise. They have been in business now for at least 2 years. When I went to CVS to get a prescription filled, they said it would take 3 days because it wasn't in stock and needed to be ordered from the warehouse. These guys filled it in 20 minutes.
Or the 3 appliance stores that are in my neighborhood how they are faring against Best Buy and PC Richards and Son.
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