A technologist’s foray into the business world

Everything costs £1

And upon her head she wore a crown...

Interesting article on BBC News about how pound shops in the UK are handling problems like rising inflation. They have an interesting view on this as they see it as a shift in the products they carry rather than something that is damaging their business. So, items they sold at £1 last year might have gone out of budget and not be on their shelves any more, but items that sold at 90p in other shops are now more expensive and fall into the range where they can offer a bargain to their suppliers.

Interesting article and worth a read. I guess you’ll never find things like jewellery and bamboo blinds, but I’m pretty sure it’s only a matter of time before MP3 players will be on sale there.

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About Me

Owen has a background grounded in application development and technology consultancy but today focuses on helping organisations make best use of technology, processes and people to provide maximum satisfaction to clients, employees and other stakeholders.

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