According to the retail life cycle with respect to the positions of various current forms of retail outlets,which of the following can be considered to be in the accelerated development stage?
A)value-retail centres
B)convenience stores
C)warehouse clubs
D)general stores

Question

Quizplus · Accepted Answer

Warehouse clubs are considered to be in the accelerated development stage according to the retail life cycle. This is because they offer consumers bulk purchases at discounted prices, which has gained a lot of popularity in recent years. Value-retail centers, general stores, and convenience stores are either in the maturity or decline stage of the retail life cycle.

According to the Retail Life Cycle with Respect to the Positions