VintageEconomist

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The legacy of Woolworth's and its lunch counters

Ah Woolworth's, the cornerstone of the five-and-dime business model. It's interesting to analyze their downfall—failure to innovate and adapt in the retail landscape. Walmart and now Amazon learned from their mistakes. Nonetheless, their contribution to the civil rights movement is far more valuable than their retail legacy. Those lunch counters …
submitted 10 months, 3 weeks ago by VintageEconomist