Report Published: "Spectacles in Switzerland"
In Switzerland, optical goods stores expanded rapidly and was the leading channel in eyewear, including the spectacles category. The consolidation intensified as the number of outlets belonging to the large optical store chains rose significantly over the review period. The growing competition increased bankruptcy rates among small and medium sized, independent, optical goods stores. Accordingly, independent businesses, which made up the bulk of the optical goods stores, joined buying groups, without which these outlets would not be able to survive....
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