The Corner Store
Retailing in the first half of the twentieth century was defined by the corner
store. Proximity ruled the day. You walked to the store and carried what you
could home, sometimes daily. Retail establishments were typically family run
and played a key social role in the community, disseminating local news
before radio and TV became dominant. Their competence was
Customer
Relationship Management
(CRM), before that term was invented. Shop
owners knew their clientele and would extend credit based upon your good
name. Our love affair with retail and the nostalgia we feel when a legendary
retailer files for bankruptcy (notice that it doesn’t make the news when a
venerable oil equipment leasing firm goes under) is a function of our historic
affection for retail, which has been baked into our culture.
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