Private labels are attractive to retail stores because:
A)they are priced higher than national brands.
B)they do not require any advertising.
C)they tend to have higher margins than national brands.
D)consumers are becoming more loyal to private brands.

Question

Quizplus · Accepted Answer

Private labels tend to have higher profit margins for retailers because they are produced and sold exclusively by the retailer, cutting out the cost of working with a third-party brand. Retailers can then price these products competitively while still making a higher profit compared to national brands.

Private Labels Are Attractive to Retail Stores Because