1. Independent retailing is at risk of wiped out. Due to the flexibility in startup, there is a challenge of competition some given areas for certain kinds of customers. Input in various sectors is relatively lower since it is solely on one owner as compared to chain retailers. Bargaining power is low to suppliers as they consider chain retailers whose purchases are higher than independent retailers thus a greater discouragement to independent retailers. Decision-making may not be effective as it is reliant on a single proprietor leading to unfavorable competition in the field thus a risk of disappearance of Continue reading...