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| Topic: |
Book Reports
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| Number of pages / Number of words: |
9 / 2290 |
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Retail market is falling into high-velocity of competition, and some strategy is able to imitate.
? New entrants
Jewelry business is such an attractive industry, gross margins are healthy and the long term characteristics of demand are positive, there are many merchants who are trying to sell jewelry...
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Specialty jewelers (off/online) are losing market share to those merchants whose business is not primarily selling jewelry. Specialty jewelers’ market share in the U.S. has dropped from 50 percent to 48 percent, as the graph illustrates.
There may be some surprises among the list of retailers who are gaining – and those who are losing – market share in the jewelry category...
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