A resale pioneer’s plan to stay in business for a century ...Middle East

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A resale pioneer’s plan to stay in business for a century
Only 30% of family businesses make it to the second generation. One reason is that nearly half of owners who expect to retire within five years do not have a successor in place. Secondhand clothing retailer Buffalo Exchange bucked that trend when Rebecca Block took over as CEO in 2024. Block’s parents, Kerstin and Spencer, […] The post A resale pioneer’s plan to stay in business for a century appeared first on NY Times News Today.

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