Buffalo Exchange: A Family Business Defying Succession Odds

Reported about 14 hours ago

Buffalo Exchange, a secondhand clothing retailer founded in 1974, successfully transitioned leadership to Rebecca Block, daughter of the founders, despite challenges faced by family businesses in succession planning. With 41 stores across 15 states and nearly $100 million in annual revenue, Rebecca's focus on leveraging both the company's history and modern demographic tools aims to ensure future growth. Emphasizing brick-and-mortar experiences over digital resale platforms, she is also involving her daughter in the business to strengthen the family's legacy.

Source: YAHOO

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