Which of the following statements about department stores is True?
A) Department stores always strive to charge discount prices.
B) By definition, department stores can never be price-competitive.
C) Many producers' brands that used to be available exclusively at department stores are now widely distributed.
D) The operating expenses for department stores are considerably less than those for other retail stores.
E) Intense vertical competition is hurting the profitability of department stores.
Correct Answer:
Verified
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