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 maturity stage?
A)convenience stores
B)general stores
C)factory outlet stores
D)value-retail centres

Question

Quizplus · Accepted Answer

Convenience stores are considered to be in the maturity stage of the retail life cycle as they have been well-established and widely adopted by consumers, with a stable market presence.

According to the Retail Life Cycle with Respect to the Positions