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Megastores Want to Be Like Mom-and-Pop Shops… Sort Of

Harvard Business Review

In the words of its executive vice-president and chief merchandising and marketing officer, “This is really the year of localization.”. It takes organizational, cultural, and operational changes. Empowering store managers is the most critical shift. There are other operational considerations.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

The solution, we decided, was to acquire a local company that had already gained traction in the market and that could provide us with proven local management as well as help us with web search, which had become a priority after we bought U.S. The company was owned by management, venture capitalists, and SoftBank.