Compared to companies that employ Every day low pricing (EDLP), the Hudson's Bay Company (The Bay) carries a wide range of product lines, including clothing, jewellery, kitchenware, and home furnishings. The Bay typically charges higher prices on an everyday basis and then holds frequent sales and price promotions to increase store traffic. The Bay most likely uses _.
A) everyday low pricing
B) self-service retailing
C) franchise retailing
D) experiential retailing
E) high-low pricing

Question

Quizplus · Accepted Answer

The Bay uses high-low pricing, which involves charging higher prices on an everyday basis and then offering frequent sales and promotions to attract customers.

Compared to Companies That Employ Every Day Low Pricing (EDLP)