In developing countries, small mom-and-pop grocery stores called nanostores are one of the main grocery market channels. Cash constraints are a severe issue that affects these small businesses, preventing them from buying enough inventory to meet client demand, and forcing them to reject orders from suppliers due to a lack of cash to pay the supplier on delivery.
Adoption of Best Business and Supply Chain Practices and Micro/small Firms’ Performance: Evidence from Northern Peru
Micro and small enterprises (MSEs) represent 99% of Peruvian firms, contribute 42% of Peru’s Gross Domestic Product, and employ half of the country’s labor force. Despite their relevance for the Peruvian Economy, they have low survival rates and are characterized by low productivity and processes inefficiencies.
The Coexistence of Nanostores within the Retail Landscape: A Spatial Statistical Study for Mexico City
The fast growth of chain convenience stores (CCS) and the financial stability of modern channel stores (MCS) has provoked speculation about whether nanostores (i.e., mom-and-pop stores) are going to disappear or if they will endure.
Small and Medium Enterprises represent 90% of companies in OECD countries, with low productivity
being one of their main challenges.
A large majority of companies in Latin America are micro or small firms, making them an important part of the region’s economy.
The hidden impact of micro-retailers’ survival rate on the logistics cost of consumer packaged goods companies
Millions of mom-and-pop stores represent 40-70% of the market share of Consumer Packaged Goods (CPG) companies.