Industry Analysis & Industry Trends
Revenue generated by this industry is overwhelmingly dependent on consumer spending and the demographic composition of Canada's population. In turn, per capita disposable income and the economic outlook largely determine consumer spending, while demography is dependent on Canada's rate of natural increase and net immigration. The rate of natural increase measures the difference between a country's death rate and birth rate, and adding net immigration determines the overall rate of population growth. However, none of these factors have worked in favour of the Children's and Infants' Clothing Stores industry over the past five years. Nevertheless, the industry is expected to bounce back over the five years to 2019... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry are moderate and largely relate to the high cost of establishing and maintaining brand reputation. Industry incumbents have already established themselves as considerable forces within the industry. This pushes new entrants to invest time and money in their operations because consumers are unlikely to shift away from the strong brand names with which they are familiar. New entrants will also compete against a high level of external competition arising from department stores, mass merchandiser, and online retailers.
New entrants will also find it difficult to contend with the broad range of products and competitive pricing of industry players... purchase to read more