competitive power: clothing stores and restaurants are highly competitive markets, involving many competitors. These competitors include traditional physical stores, online sales channels and chain stores. This kind of competitive power will lead to price war and market share competition, and it is difficult to get enough profits.
supplier strength: clothing stores and restaurants need a lot of supplier support, including ingredients, raw materials, clothing, accessories and so on. These suppliers can influence enterprises through price, quality and delivery time. If suppliers can't meet the needs of enterprises, it will be difficult for enterprises to survive.
customer power: customers' choice of clothing stores and restaurants is very important. They can influence enterprises through word of mouth, evaluation and feedback. If the enterprise can't meet the needs of customers, it will lose its market share and it will be difficult to continue to operate.
the power of substitutes: there are many substitutes in clothing stores and restaurants, such as online shopping, take-out and fast food restaurants. These substitutes can meet the needs of customers, and often have lower prices, thus posing a threat to enterprises.
barriers to entry: clothing stores and restaurants have relatively low barriers to entry and are vulnerable to competition from new entrants. New entrants can threaten enterprises through price, quality and innovation, which will make the survival of enterprises more difficult.