Mom and Pop

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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 ?
The convenience or mom and pop stores market consists of sales of goods and some services through convenience or mom and pop stores by entities (usually sole traders or partnerships but in some cases organizations) that provide the retail service of supplying food, toiletries and other daily 'necessities' to ultimate users through conveniently located small stores.
Western Europe was the largest region in the global convenience, mom and pop stores market, accounting for 40% of the market in 2018.
Most of the Convenience, Mom and Pop Stores have adopted digital technologies.
Convenience, Mom And Pop Stores Market Customer Information
Convenience, Mom And Pop Stores Market Trends And Strategies
Global Convenience, Mom And Pop Stores Market, 2018, By Region, Value ($ Billion)
Global Convenience, Mom And Pop Stores Market, 2014 - 2022, Historic And Forecast, By Region
Global Convenience, Mom And Pop Stores Market, Growth And Market Share Comparison, By Region
Global Convenience, Mom And Pop Stores Market, Segmentation By Type, 2014 - 2022, Value ($ Billion)
With today's powerful economy it is likely that today's Mom and Pop Stores will continue to fair well in the locations they have leased and call their business home.