Companies throughout Maryland often find that the fastest way to grow and obtain market share is through expansion. This expansion can take place by either creating new locations or through buying a business that currently exists in the market. New locations generally mean additional customers and greater profits for the company. Buying a business can often add these additional customers and profits in the shortest amount of time.
Maryland's malls and shopping centers are filled with a variety of stores catering to a wide array of consumers. Some stores target the young, urban teenager while others target the chic executive. Oftentimes, retailers are in competition for the same business. Recently, Men's Wearhouse expanded by buying a business well-known to many retail consumers.