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" ... By the end of the 1980s, Paul had 120 shops, about a dozen times more than at the start of the decade. Holder's experience left him better prepared for growth this time. To cope with high rents, he opened small retail locations without full kitchens and supplied them from a centralized bakery, delivering fresh loaves three times a day. That way, he avoided having to prebake or freeze bread — common among Holder's competitors, like Louis Le Duff (No. 822 on the Billionaires list, worth $2.9 billion). ... "