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Give an example of a retail market where it was a 'newmarket entry' business or industry. Provide a brief history of the business and discuss

Give an example of a retail market where it was a 'newmarket entry' business or industry. Provide a brief history of the business and discuss what happened in the market afterwards (e.g. copycat businesses; price drops; or nothing). It can be a local business that opened in your community or one on the national or international level.

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