Which of the Following Statements Reflects the Wheel-Of-Retailing Concept

Which of the following statements reflects the wheel-of-retailing concept?

A) All new types of retailing forms begin as low-margin and high-price ventures.
B) Initially, all retail stores have high-status operations characterized by features of experiential retailing.
C) Eventually, all new retailers evolve into higher-priced and higher-service operations, much like the retailers they replaced.
D) Retailers that begin as low-cost, low margin, and low-status operations continue to remain so throughout their years of operation.
E) New forms of retail typically avoid providing any nonretail services and this differentiates them from conventional retailers.