Which of the following is true for the retail industry?
A) Discount stores and catalog showrooms are competing for the same customers.
B) Upscale retailers see a decline in sales as middle-market retailers thrive.
C) Small, specialized retailers are crowding out larger, more diverse retailers.
D) Store retailing sees no competition from nonstore retailing.
E) Discount stores are not doing as well as middle-market retailers.
Correct Answer:
Verified
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