In retailing,location is a crucial success factor.

Question

Quizplus · Accepted Answer

Location is important in retailing because it affects foot traffic, accessibility, and visibility, which can all impact sales and profitability. Choosing the right location can attract more customers and increase revenue, while choosing the wrong location can result in low sales and even failure. Therefore, retailers need to carefully consider the location when opening a new store or expanding their business.

In Retailing,location Is a Crucial Success Factor