The Molokai Business Model
How local retail stores are staying afloat in a small market
On a typical day, you can cruise through Kaunakakai’s main street in less than a minute. With three compact blocks of stores and eateries, owners must do business with a special delicacy. As the local retail industry grows, they’re navigating new challenges of unexpected competition but are mining their talents and aloha spirit to survive, and that’s why tools like the ai in retail is becoming more important than ever.
In Molokai’s economy, many customers “live paycheck to paycheck,” explained Michelle Hiro, who opened Molokai Cellular in 2008. Business owners said the key to co-existing in a compact, slower-paced setting is respecting each other’s corners of the market.…
















