Word: moms
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...start a "recovery fund" targeted chiefly at Asia. Goldman's Asia president, Philip Murphy, indicates a major target will be consumer goods, which many others also consider an attractive field for U.S. investment. One reason is that some Asian companies are reorganizing their countries' chaotic distribution systems, replacing mom-and-pop stores with modern networks of warehouses and big retail outlets, but need outside cash to finish...
...What I'd like to see the students do is keepthe Mom-and-Pops in mind. Go to the AlgiersCoffeehouse in the Brattle Building instead ofgoing to a Starbucks for a cup of coffee," Giffordsays...
According to Gladys "Pebble" Gifford, presidentof the Harvard Square Defense Fund, escalatingrents are forcing out Mom-and-Pop stores andallowing chain stores with more financialstability to move...
...control the market forces," Giffordsays. "[Mom-and-Pop stores] don't have the deeppockets...
...Chains tend to have better prices and betterdeals overall," Giordano says. "It's not that Idon't care [about Mom-and-Pops]. I feel thatchains offer a wider variety of everything andbetter prices, especially for college students,who tend to be a little short on money...