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Pros And Cons Of Independent Pet Stores

284 Words2 Pages
Independent pet stores: Pro: Total sales of pet store in the U.S. are increasing Familiar Market Familiar business model Cons: The number of pet stores is declinings With independent pet stores declining, they would be losing profits with each store closing Tons of competitors Chain stores: Pro: Large sales Yorktown Technologies’ suppliers and distributors of other fish have been regular suppliers TO walmart, PetSmart and PETCO for several years Larger market share potential Cons: It would be difficult to enter major retail chains, such as Walmart, PetSmart and PETCO, because those companies all have their concerns toward the product Most retailers refused to display the fish under optimal lighting and aquarium conditions to showcase
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