The Companies operate in the highly competitive discount retail merchandise sector with numerous competitor some of whom may have greater resources than the Company. They compete for customers, merchandise, real estate locations and employees. This competitive environment subjects them to various risks, including the ab to continue their store and sales growth and to provide attractive merchandise to their customers at competitive prices that allow them to maintain their profitability. Consolidation in their retail sector, changes in pricing of merchandise or offerings of other services by competitors could have a negative impact on the relative attractiveness of their stores to consumers. Their ability to provide convenience in a small box retail format which offering attractive, competitively-priced products could be impacted by various actions of their competitors that beyond our control.