What type of retailers experience relatively high operating costs, averaging in the range of 45 to 60 percent of sales?

Question

Quizplus · Accepted Answer

Department stores typically experience higher operating costs due to factors such as a larger physical footprint, higher labor costs, and extensive inventory management. These factors can contribute to operating costs averaging in the range of 45 to 60 percent of sales.

What Type of Retailers Experience Relatively High Operating Costs, Averaging