Instead of having frequent sales,stores such as Sears and Loblaws have adopted which type of strategy?
A) a deep assortment
B) a discount
C) a limited-time offer
D) EDLP

Question

Quizplus · Accepted Answer

Sears and Loblaws have adopted EDLP (Everyday Low Prices) strategy, where they offer consistently low prices instead of frequent sales or discounts to attract customers. This strategy allows the stores to create a perception of value for customers and helps in building customer loyalty.

Instead of Having Frequent Sales,stores Such as Sears and Loblaws