In the ________ stage of the retail life cycle,retail businesses become obsolete as newer ways of doing business emerge.

Name: In the ________ stage of the retail life cycle,retail businesses become obsolete as newer ways of doing business emerge.
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Question

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The decline stage is characterized by outdated business models, declining sales and profits, and the emergence of more efficient ways of doing business that make traditional retail businesses obsolete.

In the ________ Stage of the Retail Life Cycle,retail Businesses