Planet Money
Planet Money

There's no business like dough business

29 min

This episode explores the surprising economic logic behind Wetzel's Pretzels clustering three locations in a single subway station. It reveals that for impulse products like pretzels, multiple close stores actually increase sales by capturing different transit routes and boosting olfactory reminders, while sharing a single kitchen reduces costs. The strategy works because franchisees control all nearby stores, turning potential cannibalization into profit.

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