I was torn where to put this one (it could also have been on the ParkandShop Blog), but it was so good I had to include it somewhere.
It is from the Marginal Revolution Blog.
Marginal Revolution: Why don't all chains spread nationally?
There is probably no single answer but some of the answers include monitoring, fewer economies of scale than people suppose, and randomness.
Tuesday, March 08, 2005
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