What is the Kitchen and Cookware Stores industry?
The industry exhibits medium barriers to entry. The most significant barrier is the negotiation of strategic store locations, most likely in large shopping centres and shopping districts that have high rent. This is highly important for kitchen and cookware stores as store traffic is one of the key factors of success. However, the ideal location may be difficult to find in this mature industry as the relatively high number of stores makes it difficult for new entrants to find a base of expansion. However, retail storefronts typically require a low level of fixed capital investment and there is not yet any large significant player in the market, potentially giving new entrants a chance to target new markets... purchase to read more