Economic developers can learn a lot from the pizza industry. It is truly the Serengeti Plain of economic develpment. There are national pizza chains, regional chains, local specialty pizza parlours, cheap pizza, mid range pizza specialty pizzerias. They come and go on almost on a monthly basis. The process of creative destruction is nowhere more evident than in the pizza biz.
Papa John’s is coming to Atlantic Canada – first to Moncton.
This crazy mix of firms, innovation, price competition, etc. ends up providing consumers in a small market like Moncton with a massive number of choices and options.