According to the retail life cycle with respect to the positions of various current forms of retail outlets, which of the following can be considered to be in the decline stage?
A)general stores
B)fast-food outlets
C)single-price stores
D)value-retail centres

Question

Quizplus · Accepted Answer

General stores, which were common in the early part of the 20th century, are now in decline due to the rise of more specialized and convenient retail outlets. Fast-food outlets and value-retail centers are still in their growth or maturity stages, while single-price stores such as Dollar General are experiencing growth due to their popularity with budget-conscious consumers.

According to the Retail Life Cycle with Respect to the Positions