Sunday, August 08, 2010
Sunday, November 15, 2009
I remain interested in shifting US consumer spending patterns. My thesis is that there is a shift toward less consumption, more savings and a desire to embrace some form of 'minimalism.' In that context, I found this blog post to be interesting. It explores the difference between the way a straight employee and an entrepreneur looks at money. Here's a graphic from the post:
Saturday, November 14, 2009
Sunday, October 04, 2009
Saturday, September 26, 2009
I was lucky enough to live in Eastern Europe (Budapest) for three years back in the early 90's. It was an amazing time to be there. Among the many unforgettable time/location specific experiences I had, I distinctly remember a few days where the quality of life in Budapest was noticeably enhanced (from an ex-pat's perspective), most often related to the opening of a new 'western' store or restaurant: the first Austrian and then US grocers; Pizza Hut; Ikea; some ex-pat bagel place, etc... For better or worse, with each new opening, life became more convenient, quality improved (sort of) and you felt more at home.
Well, I experienced a similar feeling this morning through the eyes of my wife (a Seoul native) and, I'd guess, a big portion of the Boston-metro Korean/Asian population with the opening of H-Mart, a Korean grocery chain that just opened their 31st US store in Burlington, MA. After walking the 1/4 mile from the satellite parking lot (it was total mayhem), we walked in and immediately felt like we had been transported to Seoul. The smells, tastes, products and people were all there.
Sure, there are plenty of small ethnic markets in Boston, but this was, from top to bottom, a sophisticated Korean grocer. The efficiency, the technology and, thankfully, the food court that you find only in Seoul was all there. Check out the Globe's story.
Anyway, I couldn't help but reflect on how much the world has changed and/or stayed the same.