It would be interesting to see if American stores could have made more profit if they did not have so many locations of the same store.
For example, there is a department store in Berlin. They only have one location and that is in the centre of the city, and the store has been going strong since the early 1900s.
Over 65,000 people shop in that store everyday.
From buying items to eating in the famous food halls, they capture a huge amount of people.
What store in the USA gets 65,000 people a day through their doors anymore in one day?
Would that store in Berlin for example be making as good money if they had 5 other branch stores and all those 65,000 were split across the other stores?
You see this in a number of other world cities, where stores only have one store, or maybe two at most in one city.
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Miketoronto
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