Wednesday, April 14, 2010

Consolidation in the Picture Frame Industry

Canada has just lost a major wholesale distributor further consolidating the supply business in this market. Evidence of the recession and changes made by customers and suppliers alike to refine their businesses and cut costs, protect margins and look for efficiency.
These changes will also open the door for more regional and niche players again as the industry re-forms around the available supply of products.
Change is always both a challenge and an opportunity. I will be interested to hear about the affects of some of these changes on small businesses in the industry as well as the customers they serve.

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