Quote:
Originally Posted by TWeb
Not to mention the massive demographic changes in the neighborhoods on all sides of this area. Someone paying $1m+ for a single family on Southport or $400K for a condo by Milwaukee Ave. is not furnishing it from an old furniture outlet. If they are shopping in person, at a minimum they're checking out Bob's Discount across the river, or more likely heading to Blu Dot or Room and Board for higher end options.
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Thats true too. Evolve or die, basically. I think a lot of businesses have been successful because of their context they live in (time, place, etc). A truly smart business finds ways to evolve when the world has all or mostly left them behind. Let's remind everyone that part of IBM used to make butcher meat scales. Imagine if they never evolved the business (butcher meat scales are still needed so its not the best analogy...maybe an analogy about horse drawn carriages is much better ).