Comment by a123b456c
3 hours ago
False. There is no Economic Law of Consolidation such as you posit here. Haircuts are a mature market, yet plenty of small providers thrive. Counterexamples to your extraordinary claim abound.
The actual economics in highly competitive markets depend on what is known as the Minimum Efficient Scale, which in turn depends on the shape of the cost function.
Haircutting doesn't scale. It is labor intensive and there is no way to increase productivity.
QB House and its many imitators would like a word. It's a genuine mystery to me why these "fast haircut" chains are ubiquitous in Asia but unknown in the West.
https://medium.com/@justin.tan/qb-house-back-to-basics-busin...