Which type of outlet is most likely in its decline stage of the retail life cycle?

Question

Quizplus · Accepted Answer

General stores are typically larger, full-service retailers that carry a wide variety of merchandise across multiple product categories. This type of outlet has been around for a long time and has likely reached its maturity or decline stage in the retail life cycle, as consumers increasingly seek out more specialized and personalized shopping experiences. Additionally, the rise of e-commerce and the convenience of online shopping has made it harder for general stores to compete and maintain profitability.

Which Type of Outlet Is Most Likely in Its Decline