Regarding retailing,which of the following statements is FALSE?
A) Supermarkets average about $20 million in sales per year.
B) Single-line mass-merchandisers have not been successful-probably because their assortments are so limited.
C) Mass-merchandisers put less emphasis on knowledgeable salespeople than more conventional retailers.
D) Discount houses got their start selling "hard goods" at lower prices.
E) The average mass-merchandiser has nearly 60,000 square feet of floor space.
Correct Answer:
Verified
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