In what other industries is this the case? IMO fashion retail is v similar. They watch and copy everything; new items of clothing, colours, pricing, store format, marketing strategies. Everything. And is also just as bad a business as restaurants https://twitter.com/SuperMugatu/status/1142851128675246080 …
Many examples: - E-commerce - General contractors - Any mom and pop retail (laundromat, convenience store, gift shop, etc) - OEM manufacturers