Which of the following is true of high-margin/low-turnover stores?

Question

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High-margin/low-turnover stores focus on offering expensive, prestigious national brands or exclusive goods that are not commonly available elsewhere. This is because these stores can afford to operate with lower sales volume due to their higher profit margins. They do not typically offer a wide variety of items or carry fast-moving products that would attract bargain shoppers. Additionally, they may have higher personnel costs due to the need for in-store sales assistance in order to properly sell the high-end merchandise.

Which of the Following Is True of High-Margin/low-Turnover Stores