In this episode, Nick and Chris explain why competing businesses open across the street from one another.
Topics include men's fashion in northern Italy, tech labor in silicon valley, and the Philly cheesecake rivalry between Pat's and Geno's.
Listen to episode 31 wherever podcasts are found.
The boys got into a bit of a Twitter spat about a national ice cream chain opening its stores near mom-and-pop ice cream stores.
Some on Twitter argued that targeting areas in which there was already an ice cream store was a predatory move on the part of the larger chain. First of all, that's capitalism.
Secondly, that's just not true. In fact, it's the best place to put your store for a number of reasons. And, not only is it the best choice for you, it could help that small business. A rising tide lifts all boats.
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Googliography
Laura Hayes "reporting" on Twitter: https://twitter.com/LauraHayesDC/status/1486068480017326081
TedEd Talk: https://www.youtube.com/watch?v=jILgxeNBK_8
Firms of a Feather Cluster Together (Academic Paper from Indiana Business Review): https://www.youtube.com/watch?v=jILgxeNBK_8
Harvard Business Review: https://www.youtube.com/watch?v=jILgxeNBK_8
Cornell Business Blog: https://blogs.cornell.edu/info2040/2018/09/17/why-do-competitors-open-their-stores-next-to-one-another/
Pats Vs. Genos? https://www.thrillist.com/eat/philadelphia/the-pats-vs-genos-rivalry-is-fake
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