The distinct competencies of a retailer relative to competitors is referred to as its ________.

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Competitive advantages refer to unique strengths or capabilities that set a retailer apart from its competitors. These advantages might include things like exceptional customer service, exclusive product offerings, a highly efficient supply chain, or a strong brand reputation. By leveraging their competitive advantages, retailers can attract and retain customers, gain market share, and improve profitability.

The Distinct Competencies of a Retailer Relative to Competitors Is