Finding opportunity after closings

| | Comments (0) | Retweet

The failure of a large chain like Circuit City means a competitive segment has an opening to be filled. After all, Best Buy can't be the only option for electronics retailing forever.

And so the market will slowly see companies begin to fill that void, starting in Connecticut, where PC. Richard & Son is expanding, opening a store in Norwalk. P.C. Richard is a 100-year old company that has grown slowly and locally in the New York metropolitan area. Now with 52 stores, it has the mass to continue its expansion into places where competition is light.

Expect to see more reports like this as the economy settles down and smaller companies decide to challenge the remaining national brands.

0 TrackBacks

Listed below are links to blogs that reference this entry: Finding opportunity after closings.

TrackBack URL for this entry:

Leave a comment

Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

About this Entry

This page contains a single entry by David Wertheimer published on March 19, 2009 11:22 AM.

Dial-A-Mattress in battle was the previous entry in this blog.

Welcome is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.