Complex Systems with Patrick McKenzie (patio11) cover image

The hundred-year-old telegram worth $5 million, with Jim McKenzie

Complex Systems with Patrick McKenzie (patio11)

NOTE

Profit from Perishables: The Cost of Convenience

A specific retail model capitalizes on purchasing nearly expired bread from commercial bakeries to sell at low prices to cost-sensitive, often lower-income consumers. This model thrives on catering to a demographic willing to consume products nearing their expiration, presenting an implicit risk to the business's sustainability in affluent neighborhoods. The changing dynamics in Glen Ellyn, an affluent suburb, highlight a diminishing market for this model, as its residents prioritize convenience and quality over cost-saving opportunities, indicating a potential misalignment between the service offered and current consumer preferences.

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