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Factory Connection Case Study

186 Words1 Page

Factory Connection is an apparel industry that has become an insignificant part of people’s lives due to the economy and the recession. People just are not as obsessed with name brands like they were in the 90’s. This has become a want instead of a need for name brands. The trends are ever changing and gas prices are higher and food prices have sky rocketed in the last five to ten years. Factory Connection has other competitors as well that the prices are more affordable and people tend to go where there are cheaper prices. The economic recession of 2008 took a major hit on people. They could only afford the essentials and even that was hard. Many individuals turned to the government for help for health insurance, food stamps, and other government

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