What was a major effect of Uniqlo entering the US market?

The major effect of Uniqlo entering the US market was the introduction of a new shopping alternative for consumers. By focusing on offering high-quality, affordable basics in a minimalist style, Uniqlo provided a distinctive approach in the American retail landscape, which was often dominated by brands focusing on either fast fashion or luxury goods. This introduction allowed consumers to access functional and stylish clothing at competitive prices, thereby expanding their choices in the marketplace.

Uniqlo's unique business model and emphasis on innovation, such as introducing technologically advanced fabrics and a wide variety of sizes, set it apart and attracted a new customer base. As a result, it not only filled a niche that was underrepresented in the US but also influenced other retailers to reconsider their own offerings in response to consumer demand for similar products.

Other options do not accurately represent the broader impact of Uniqlo’s entry into the market. Closure of major competitors would imply a more aggressive market takeover than what occurred. Focusing exclusively on luxury apparel doesn’t align with Uniqlo’s brand identity, which prioritizes affordability and accessibility. Lastly, the brand doesn't operate solely online; it also has a significant physical retail presence, enhancing the shopping experience for customers through brick-and-mortar stores.