Which of the following is NOT true about warehouse clubs?
A) They are not full-service stores.
B) They often charge their customers with a modest annual membership fee.
C) They carry items in bulk.
D) They are a form of discount store.
E) They have not followed the pattern set forth by the wheel-of-retailing hypothesis.

Question

Quizplus · Accepted Answer

Warehouse clubs have actually followed the pattern of the wheel-of-retailing hypothesis, which suggests that new retail formats start out with low prices and limited services, and over time become more upscale with additional services and prices. Warehouse clubs started out as low-priced, low-service stores and have evolved into offering more upscale amenities and services such as gourmet foods and travel services.

Which of the Following Is NOT True About Warehouse Clubs