The high sales volume at off-price chains,factory outlets,membership clubs,and flea markets can be explained by the retail life cycle.

Question

Quizplus · Accepted Answer

The high sales volume at these types of retail outlets is more accurately explained by consumer demand for discounted goods and value shopping, rather than the retail life cycle concept, which describes the stages of growth and decline in a retail format.

The High Sales Volume at Off-Price Chains,factory Outlets,membership Clubs,and Flea