
Wal-Mart
Wal-Mart, the world's largest retailer by revenue, announced that it will get back to its founder's roots by initiating more price cuts. Critics claimed that the giant was getting away from its original focus because it posted relatively high gross profit margins. CEO Mike Duke assuaged critics by saying Wal-Mart's $400 billion in sales will become even larger because the price cuts will attract more customers and it will lower its costs of goods sold.
-Refer to Wal-Mart. Most Wal-Mart stores are not located in shopping centers but rather are buildings all by themselves. This type of location is referred to as a:
A) primary outlet
B) freestanding store
C) pop-up store
D) single-unit retailer
E) strip store
Correct Answer:
Verified
Q143: Wal-Mart
Wal-Mart, the world's largest retailer by revenue,
Q143: Apple Inc.opened its first Apple Store in
Q149: Wal-Mart
Wal-Mart, the world's largest retailer by revenue,
Q150: Apple Inc.opened its first Apple Store in
Q151: Wal-Mart
Wal-Mart, the world's largest retailer by revenue,
Q152: Apple Inc.opened its first Apple Store in
Q153: Apple Inc.opened its first Apple Store in
Q158: Define independent retailer,chain store,and franchise and give
Q159: Apple Inc.opened its first Apple Store in
Q162: Retailing opportunities can take place without customers
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents