Mom and Pop

(redirected from Mom and Pop Shops)
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Mom and Pop

1. Describing a small business, usually run by a family with few or no other employees. Prices at mom and pop businesses are usually unable to compete with large retail corporations, but they generally have a reputation for providing individualized service.

2. Describing an investor who does not invest for his/her primary income. Mom and pop investors are usually seeking to supplement their incomes or save for retirement.
References in periodicals archive ?
Come to think of it, preserving mom and pop shops, regardless of changes in market conditions, economic realities and technological advancements might just be a good idea.
Mom and pop shops would be all over the city and our streetscapes would be preserved.
The Mom and Pop shops are facing the same plight as the Mama stores.
So these companies go and sell Element to every mall store in the world, every chain store, and so what that does is hurt the mom and pop shops and puts them out of business, the core skate shops that were here when magazines were only 20 pages.
Lifestyle" shopping centers, an emerging concept in retail, are designed to attract national retailers normally found in upscale interior malls, rather than mom and pop shops that are typically found in strip malls.
From the smallest mom and pop shops to the biggest players in the carrier industry we see people going full speed ahead with development projects to take advantage of these revolutionary communications innovations.
We're seeing people from the smallest mom and pop shops to the biggest players in the carrier industry, like AT&T and MCI, going full speed ahead with development projects to take advantage of this revolutionary communications innovation.
Williams commented, "the investment philosophy at Allied Capital has funded the mom and pop shops while providing substantial returns and lower risks for investors in the Allied Capital companies.