Late in 2016, the owner of a lingerie business in Dusseldorf, Germany, faced a series of questions regarding the health of her business in a changing environment. The German retail environment had traditionally consisted of many specialized (often family-owned) small- to medium-sized retailers, and many of these stores had not kept pace with globalization and the digital revolution; market changes and increasing competition forced them to close. Other main street retailers managed to grow in these challenging environments, overcoming and moving in front of their previous competitors. HKS Wasche & Dessous was one of those independent retailers. How could the owner of such a business continue to cope with the changing business environment? How could she deal with the digital revolution or even turn it to her advantage? What can entrepreneurs do to maintain and even develop their businesses?
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