Small Business Focus

Stuttafords dies on 1 August. There are lessons to learn

Stuttafords will shut up shop on 1 August.

The iconic giant could not evolve.

What do we learn from this?

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator founder Pavlo Phitidis.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

Arguments are often why family-owned businesses don’t make it to the second generation.

Pavlo Phitids, Aurik Business Accelerator

Stuttafords had a great business model.

Pavlo Phitids, Aurik Business Accelerator

They created a wonderful experience. But things have changed.

Pavlo Phitids, Aurik Business Accelerator

Stuttafords is South Africa’s Kodak.

Pavlo Phitids, Aurik Business Accelerator

Focussing on a niche lends itself to a very successful click-and-mortar business.

Pavlo Phitids, Aurik Business Accelerator

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Stuttafords dies on 1 August. There are lessons to learn


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Why businesses stop growing (a lesson for entrepreneurs)

Why businesses stop growing (a lesson for entrepreneurs)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

Woman entrepreneur? How to juggle your business and personal life…

Woman entrepreneur? How to juggle your business and personal life…

Ray White interviews Yiedi CEO Jayshree Naidoo about the special challenges female entrepreneurs face and how to prepare for them.

How to break your business (in order for it to grow)

How to break your business (in order for it to grow)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

‘Americans are brilliant at consumerism! Brilliant!’ (lessons from the US of A)

‘Americans are brilliant at consumerism! Brilliant!’ (lessons from the US of A)

Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis for his weekly small business feature.

'How we do business here is very different to how they do business there'

'How we do business here is very different to how they do business there'

Aurik Business Accelerator’s Pavlo Phitidis reports back from the "mind blowing" three-day GrowCo conference in New Orleans.

How to start your own business (by a guy who started his with almost no money)

How to start your own business (by a guy who started his with almost no money)

The Money Show’s Bruce Whitfield interviews NicHarry founder Nic Haralambous.

Popular articles
Hermanus resident says that violent housing protests could've been avoided

Hermanus resident says that violent housing protests could've been avoided

It’s easy to blame a small bunch of thugs but I really don’t think that’s the case – Vanessa, Hermanus resident

Naked Scientist: How much water is too much for your body a day?

Naked Scientist: How much water is too much for your body a day?

Chris Smith explains why you need to replace what you are losing and how too much water can pose some health risks.

[LISTEN] Zille responds to Lindiwe Mazibuko comments that she undermined her

[LISTEN] Zille responds to Lindiwe Mazibuko comments that she undermined her

Helen Zille responds to alleged comments made by Lindiwe Mazibuko at a dinner, saying she's doing the same to Musi Maimane.

[WATCH] Melania Trump's reaction after shaking Putin's hand

[WATCH] Melania Trump's reaction after shaking Putin's hand

Waitress praised for standing up for herself after a man touched her butt on his way to the toilet and a dog comforts its owner.

Parents no longer have to travel with children's birth certificates

Parents no longer have to travel with children's birth certificates

The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.