2min chapter

COMMONS cover image

Monopoly 17 - Food Fight

COMMONS

CHAPTER

The Grocery Store Changed Everything

In 1930, a gentleman named Michael Colin comes along and he kind of put some of these ideas together to make this like kind of big leap into the supermarket of today. He has this idea that if he can take everything and make it cheaper and pass those savings on to consumers, he'll get them to buy more. So first, he like blows out the footprint of the store. You're suddenly saving costs on warehousing because you don't need a giant warehouseIf your store itself can act as a partial warehouse. You start saving on labor because he adopts self selection. People were literally losing their minds.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode