According to the retail life cycle with respect to the positions of various current forms of retail outlets,which of the following can be considered to be in the early growth stage?
A)value-retail centres
B)convenience stores
C)factory outlet stores
D)general stores

Question

Quizplus · Accepted Answer

Value-retail centres are considered to be in the early growth stage as they are relatively new and are expanding rapidly, attracting a growing customer base with their discounted offerings.

According to the Retail Life Cycle with Respect to the Positions