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 ?
Mom and pop shops would be all over the city and our streetscapes would be preserved.
Such displacements of the Mom and Pop shops are happening in many developing and developed countries.
Billabong just bought Element, and what you have is, "Well, we invested millions into this, so we need to see it come back in the sales and profits." 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.