Thursday 27 August 2020

"Mom and Pop"

Lately, I have been seeing "Mom and Pop" in the dining scene. Hence, I decided to check it out.

And here's what I found:


"Mom-and-pop" is a colloquial term used to describe a small, family-owned or independent business. Mom-and-pop stores are often operations that struggle to compete with more substantial establishments, such as big-box retailers, who generally boast more buying power than smaller players.

Source of info: 

https://www.investopedia.com/terms/m/momandpop.asp


  

“mom-and-popis used to describe a small business that is owned and operated by members of the same family:

For e.g. a mom-and-pop business/store

Source of info: 

https://dictionary.cambridge.org/dictionary/english/mom-and-pop