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 early growth stage?
A)online retailers
B)single-price stores
C)factory outlet stores
D)catalogue retailers

Question

Quizplus · Accepted Answer

Online retailers are considered to be in the early growth stage of the retail life cycle as they have seen a significant increase in market share and consumer adoption in recent years. Single-price stores, factory outlet stores, and catalogue retailers are all in the maturity stage of the cycle.

According to the Retail Life Cycle with Respect to the Positions