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

Question

Quizplus · Accepted Answer

Factory outlet stores are in the accelerated development stage as they are rapidly expanding and gaining popularity among consumers seeking brand-name products at discounted prices.

According to the Retail Life Cycle with Respect to the Positions