No. of Recommendations: 2
If you're interested in value chains elsewhere, in the UK we have poundland which is privately owned and B&M which is part of the FTSE100 with revenues of c£5bn and net income of 300 to 400m. I've not looked at B&M before but they've also expanded into France with an acquisition of 104 shops called Babou.
From Google
"SAS Babou operates as a discount store. The Company offers clothes, shoes, lingerie, bags, hats, kitchen appliances, bathroom accessories, plastic storage cabinets, electronics, interior products, towels, furniture, and household goods. Babou serves customers in France."
Perhaps Jim's wife shops there. Probably don't have an outlet in Monaco though....
Personally I think retailers in the US can make a better go of it. Property costs in the UK are high. Rates, taxes, rents etc. That's why we have empty retail units in town centres everywhere.
