Retailers are facing increasing competition from competitors who are not in the same retail category.

Name: Retailers are facing increasing competition from competitors who are not in the same retail category.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Retailers are experiencing competition from non-traditional competitors due to the rise of e-commerce, digital platforms, and changing consumer preferences, which allow businesses from different categories to compete for the same customer base.

Retailers Are Facing Increasing Competition from Competitors Who Are Not