Business
10 Interesting Facts About Business During the Great Depression
The Great Depression was a defining moment in global economic history, marked by unprecedented challenges and unexpected resilience. While it brought economic turmoil, the era also showcased the ingenuity and determination of businesses that adapted to the harsh realities of the time. Here, we uncover 10 fascinating facts about business during the Great Depression, revealing surprising insights into innovation, survival strategies, and enduring success stories.
The Great Depression: A Transformative Era for Businesses
The Great Depression (1929–1939) was one of the darkest periods in modern history, with widespread unemployment, plummeting stock markets, and shuttered companies. Yet, amidst the hardship, some businesses thrived, and others laid the foundation for future success. Understanding these stories sheds light on how resilience and adaptability can prevail in the toughest times.
Businesses That Started During the Great Depression
Surprisingly, the Great Depression was a breeding ground for innovation. Many companies we know today began during this era, including:
- Disney: Walt Disney released “Snow White and the Seven Dwarfs” in 1937, proving that entertainment could flourish even in economic downturns.
- Krispy Kreme: This beloved doughnut chain began in 1937 in North Carolina, catering to the comfort-food cravings of the time.
These businesses exemplify how necessity and creativity sparked opportunities amidst despair.
Consumer Spending Didn’t Completely Vanish
While consumer spending plummeted, certain industries saw consistent demand. For instance:
- Cosmetics and Beauty Products: The “Lipstick Effect” describes how consumers still splurge on small indulgences during recessions, and this trend was apparent in the Great Depression.
- Entertainment: Affordable forms of entertainment, like movies and board games, experienced a boom.
The Birth of Monopoly: An Iconic Board Game
One of the most surprising stories from the Great Depression is the rise of Monopoly. Charles Darrow popularized the game in 1935, offering families a form of escapism and fun during tough times. Monopoly’s success highlighted how entertainment provided solace in a bleak era.
The Rise of Thrift and DIY Culture
The economic hardship of the Great Depression forced businesses to adapt to consumers’ reduced purchasing power. Thrift stores became popular, and the DIY culture flourished. Companies pivoted to selling cost-effective or multipurpose products to cater to budget-conscious households.
The Role of Advertising in Keeping Businesses Afloat
Despite financial constraints, advertising became a critical tool for companies to stay visible and relevant. Brands like Procter & Gamble pioneered radio soap operas as a creative way to connect with audiences, giving rise to the term “soap operas.”
Bank Failures and the Business of Survival
The banking sector was one of the hardest-hit industries during the Great Depression, with over 9,000 banks failing. This collapse reshaped how businesses and individuals managed their finances. In response, new financial safeguards, like the Federal Deposit Insurance Corporation (FDIC), emerged, restoring trust in the banking system.
New Deal Programs Boosted Small Businesses
President Franklin D. Roosevelt’s New Deal introduced programs that indirectly benefited struggling businesses. Initiatives like the Works Progress Administration (WPA) and Civilian Conservation Corps (CCC) provided employment, which increased consumer purchasing power and stimulated local economies.
Luxury Goods Survived in Unexpected Ways
While many might assume luxury goods industries suffered heavily, some segments thrived by shifting focus. For instance:
- High-End Jewelry: Companies like Tiffany & Co. adjusted their marketing strategies to appeal to emotional purchases, like engagement rings, as symbols of hope and love.
- Alcohol: Despite Prohibition (which ended in 1933), alcohol sales surged post-repeal, benefiting businesses ready to meet the pent-up demand.
Infrastructure Projects Created New Opportunities
The Great Depression spurred large-scale infrastructure projects funded by the government, including the Hoover Dam and the Golden Gate Bridge. These projects not only provided jobs but also created opportunities for businesses supplying materials and services.
Businesses Adapted to Changing Consumer Preferences
Companies that succeeded during the Great Depression often pivoted their products or services to align with consumer needs. For example:
- Automotive Companies: Instead of selling new cars, manufacturers focused on spare parts and repairs, catering to customers keeping older vehicles running.
- Retailers: Department stores introduced layaway plans, allowing customers to purchase goods over time without accumulating debt.
Lessons for Modern Businesses
The resilience of businesses during the Great Depression offers timeless lessons:
- Innovation is Key: Companies that embraced change thrived.
- Empathy Wins: Brands that connected with consumers’ emotions built lasting loyalty.
- Diversification Matters: Businesses that expanded their offerings to meet shifting demands weathered the storm better.
Conclusion
The Great Depression was a crucible for innovation, resilience, and strategic adaptability. While the era presented immense challenges, it also unveiled opportunities for businesses willing to think differently and connect with the evolving needs of their customers. Today’s entrepreneurs can draw inspiration from these remarkable stories, proving that even in the darkest times, perseverance and creativity pave the way for success.
Business
La Pino’z Pizza: The Homegrown Brand Fueling India’s Pizza Revolution

New Delhi [India], June 13: In an industry long dominated by global giants, an Indian-born pizza brand has been rewriting the rules of the quick-service restaurant (QSR) game. La Pino’z Pizza, founded in 2011 in Chandigarh, is now inching closer to a remarkable milestone: 750 operational outlets across India and growing rapidly.
From a single outlet to a nationwide sensation, La Pino’z has achieved in just over a decade what many international competitors have taken decades to accomplish. The brand’s meteoric rise reflects not just entrepreneurial vision but a keen understanding of India’s diverse and dynamic food culture.
Crafting a Desi Pizza Culture
La Pino’z Pizza isn’t simply about replicating Western-style pizza. The brand has carved its niche by Indianizing flavors to suit the local palate. With toppings like paneer tikka, tandoori chicken, and spicy makhani sauce, La Pino’z connects emotionally and gastronomically with millions of Indians who crave fusion over imitation.
“Our goal was to bring global formats to Indian tastebuds without compromising on authenticity or affordability,” says Sanam Kapoor, the brand’s founder.
This adaptability has been central to its growth, as regional tastes across India vary widely. Whether in the North or South, customers can expect a pizza experience that feels familiar yet fresh.
Giant Slice = Giant Leap in Visibility
One of the boldest and most viral marketing moves by La Pino’z was introducing the Giant Pizza Slice. A single slice big enough to be a full meal, it became an Instagrammable sensation that drew crowds, influencers, and media attention across the country.
This unique offering helped La Pino’z carve out a clear identity in a saturated QSR market and boosted trial in newly launched outlets.
Aggressive Yet Strategic Expansion
La Pino’z growth trajectory has been nothing short of strategic brilliance. By leveraging a franchise-first model, the company enabled rapid expansion, especially in Tier 2 and Tier 3 cities where pizza was once considered an occasional indulgence.
Key expansion strategies included:
- Opening outlets in underserved regions with high youth populations
- Selecting franchisees with strong local insight
- Offering customizable menus for regional preferences
The brand’s ability to understand and adapt to local markets has paid off. While international chains focused heavily on metros, La Pino’z made inroads into cities like Bhopal, Indore, Surat, and Ludhiana–fostering brand loyalty in emerging urban centers.
Going Global: La Pino’z International Journey
Beyond India, La Pino’z has begun planting its flag internationally, aiming to take its desi pizza flavors global. Currently, the brand has opened successful outlets in:
- UAE
- Canada
- United Kingdom (UK)
With strong demand from diaspora communities and adventurous food lovers, La Pino’z is now preparing to enter the United States, Portugal and Jamaican market, where groundwork for its upcoming locations is already underway.
This marks a significant phase in the brand’s journey from a local favorite to a global phenomenon.
Affordability + Quality = Mass Appeal
Another core reason behind La Pino’z rapid scale is its accessible pricing strategy. Offering combos starting from as low as ₹149, the brand made pizza a viable choice for the youth, students, and families alike.
At the same time, the brand never compromised on quality. Fresh ingredients, generous portions, and consistent service across outlets have cemented customer loyalty.
Popular offerings like:
- The Monster Pizza (massive enough to feed 6 people!)
- 4-Course Meal Deals (Lunch Feast) @ Rs 149 only
- Buy one get one free on Pizza’s on selected days
These have all gone viral multiple times, aided by the brand’s strong social media presence.
Technology and Delivery-First Focus
In an age where convenience drives food decisions, La Pino’z has heavily invested in tech-backed delivery systems. Its seamless integration with Swiggy, Zomato and uEngage, its own ordering app ensures fast and efficient service even in high-demand situations.
The brand has also optimized:
- App-based ordering with loyalty rewards
- GPS-tracked delivery systems
- AI-based demand forecasting
Such tech integration has allowed La Pino’z to maintain operational efficiency even during major online traffic spikes like festive weekends and sporting events.
Looking Ahead: Vision for 1000 and Beyond
With over 750 outlets currently operational, La Pino’z is now pushing aggressively toward the 1000-outlet milestone in India. The goal is not just to be the largest pizza chain by volume, but to be the most beloved and culturally resonant brand in the segment.
Future plans include:
- Further expansion into Southeast Asia and the Middle East
- Strengthening presence in cloud kitchen networks
- Launching immersive flagship dine-in formats in metros
“Crossing 750 outlets is a proud moment, but our true vision lies in creating a global pizza brand rooted in Indian values and taste,” shares the founder.
For more information on La Pino’z offerings, franchise queries, store locations, and delivery options, visit the La Pino’z Pizza official website.
Business
Flexo Rides the Flexible Workspace Wave as Demand Surges Across India

Mumbai (Maharashtra) [India], June 13: The flexible workspace segment is witnessing a remarkable transformation in India’s commercial real estate landscape, with India’s metro cities leading the charge. Amid this momentum, Flexo, a new-age commercial real estate advisory and marketplace, is positioning itself as a key enabler for companies embracing agile and cost-efficient workspace models.
According to recent industry data, flexible workspaces accounted for over 12.5 million sq ft of office leasing in 2024, a 44% year-on-year jump. In Mumbai alone, vacancy rates dropped to 11.9% – the lowest in years – driven in part by strong uptake of managed offices and coworking spaces.
“This isn’t just a rebound. It’s a fundamental shift in how companies think about space,” said Vivek Kundnani, Founder and CEO of Flexo. “Businesses today want offices that are fast to set up, easy to scale, and designed around people. Flexibility is no longer a perk. It’s a strategy.”
The post-pandemic era has accelerated the move toward hybrid work and decentralized teams. As a result, companies are rethinking traditional leases in favour of managed office solutions that offer plug-and-play readiness without the burden of capex or long lock-ins.
India’s flex office stock is projected to cross 125 million sq ft by 2027, and more than 14% of all new office leasing is now driven by coworking and managed operators. In Mumbai, Bengaluru, Hyderabad, and Pune, demand is particularly strong among global capability centers (GCCs), scaling startups, and enterprise teams seeking collaborative, high-quality work environments.
Flexo’s rise has coincided with this trend. The Mumbai-based startup blends the on-ground expertise of a traditional property consultant with the DNA of a tech start-up. It helps companies find and implement the right workspace strategies – whether it’s a coworking space in Andheri, a managed office in BKC, or a fully customised corporate headquarters.
“Our edge lies in local intelligence,” said Kundnani. “We don’t just aggregate listings – we understand micro-markets, operator strengths, lease dynamics, and how to match space to a company’s culture and growth plans.”
What sets Flexo apart is its dual approach. The company advises on office leasing across conventional and flexible formats while also operating a discovery platform for coworking and managed offices across major Indian cities. This allows businesses to explore options ranging from fully built offices to warm shell units – all through one partner.
As the workplace continues to evolve, Kundnani believes companies will adopt a more dynamic mix of formats. “The future of work if flexible,” he said. “Leaders are asking: how can our offices adapt to new business realities, attract talent, and still control costs? That’s where Flexo comes in.”
Flexo also plays a strategic advisory role for leading coworking spaces in Mumbai, helping them identify high-potential micro-markets, negotiate leases, and scale their footprint with precision. By leveraging data insights and on-ground intelligence, Flexo supports coworking operators in making expansion decisions that balance demand, occupancy potential, and long-term viability.
With a strong base in Mumbai and growing reach across India, Flexo is carving out a niche in the flexible workspace economy – one that is increasingly shaping the future of commercial real estate in India.
Business
The SECURE (Anytime Audit Readiness Program for Pharma Manufacturing) was launched today by Orgro Solutions at T Hub ( Hyderabad, India)

Orgro Solutions (www.orgro.world) is a Management Consulting company registered in Hyderabad that specializes in People Processes, Manufacturing Excellence & Go To Market.
Established in early 2018, Orgro’s diverse client list includes Tata Advanced Systems, Dr Reddy’s Labs, Hetero Labs, CuraTeQ, TVS Supply Chain Solutions, PI Industries, Pidilite, Aptar, Hydro Extrusion, Roquette, Sanofi Healthcare, Exide, Frontier Alloys & Wheels, Aurobindo Pharma, Heritage Foods, Paradise Food Court, VST Industries, Kaya Skin Clinic etc.
SECURE stands for Standards Enforcement-Customer Understanding-Regulatory Excellence.
SECURE is a bootcamp format on-the-ground program, designed to instill compliance, build confidence, and reinforce credibility across shopfloor teams in Pharma Manufacturing.
The SECURE Program was launched at T-Hub on 14th June in presence of Dr A Visala (Joint Drugs Controller, CDSCO, Ministry of Health & Family Welfare, Govt of India).
Senior Management representatives of more than 15 major Pharma manufacturing companies participated in the program.
“SECURE aims to convert Audit Readiness from an event to a Culture” said Mr Naqi Abbas (Founder-Director of Orgro Solutions). Elaborating on the program format, Ms Vanita Khatter (Senior Consultant at Orgro Solutions) added that “SECURE is a 21 days program delivered directly at the workstation with short, impactful daily sessions of 30–40 minutes with chemists, executives, technical assistants, and operators across Production, Engineering, QA, QC, Warehouse, and EHS”.
Dr Visala (Joint Drugs Controller, CDSCO, MoH & FW, Govt of India) shared the Regulatory Expectations and Key trends in the gaps observed by CDSCO during Audits across India.
Panel Discussion and Round Table Discussion was also organised at the event, wherein the participants from Pharma organizations shared Key Challenges and Best Practices related to Audit Readiness.
-
Health6 months ago
How to Create a Personalized Self-Care Plan
-
News5 months ago
Meta India Apologises for Zuckerberg’s Remark on India Elections; Nishikant Dubey Says Issue Is ‘Closed’
-
News5 months ago
Drunk Official’s Car Kills Minor Girl, Injures Two in Uttarakhand
-
Press Release5 months ago
SportingTwist: Ushering A New Era for Sports Platform
-
Press Release5 months ago
Jakarta Murugan Temple: A New Spiritual Landmark for Unity and Heritage Marking the Maha Kumbhabhishekam Ceremony on 2 February 2025
-
Press Release4 months ago
Tula Hospital has received significant investment from Dr. Amit Mann
-
Sports6 months ago
How Climate Change is Affecting Outdoor Sports: A Comprehensive Analysis
-
Health6 months ago
Top 5 Annual Health Screenings Everyone Should Consider