A number of years ago, I read a wonderful book about the Atlantic & Pacific Tea Company: The Great A&P and the Struggle for Small Business in America by Marc Levinson. Younger generations may not realize this, but at one point during its 156-year history (in 1920), A&P was the world’s largest retailer. But before its growth truly took off, excessive inventory and unprofitable sales almost bankrupted them.
Jumia Technologies & The Great A&P
Jumia Technologies & The Great A&P
Jumia Technologies & The Great A&P
A number of years ago, I read a wonderful book about the Atlantic & Pacific Tea Company: The Great A&P and the Struggle for Small Business in America by Marc Levinson. Younger generations may not realize this, but at one point during its 156-year history (in 1920), A&P was the world’s largest retailer. But before its growth truly took off, excessive inventory and unprofitable sales almost bankrupted them.