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)warehouse clubs
B)value-retail centres
C)general stores
D)convenience stores

Question

Quizplus · Accepted Answer

Warehouse clubs are considered to be in the accelerated development stage according to the retail life cycle. This is because they are still expanding and growing rapidly in popularity, with more and more people becoming members and shopping at these types of stores. Meanwhile, value-retail centers, general stores, and convenience stores are all further along in the life cycle and have already reached a level of maturity or decline.

According to the Retail Life Cycle with Respect to the Positions