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 early growth stage?
A)single-price stores
B)online retailers
C)factory outlet stores
D)catalogue retailers

Question

Quizplus · Accepted Answer

Online retailers are considered to be in the early growth stage of the retail life cycle because they are relatively new and rapidly expanding. Single-price stores, factory outlet stores, and catalogue retailers are all examples of retail formats that have been around for a longer period and have already gone through their growth and maturity stages.

According to the Retail Life Cycle with Respect to the Positions