A retailer's location strategy can be made more flexible through _____.
A)the use of longer-term leases
B)sale and leaseback arrangements
C)the use of renewal options versus a long-term lease
D)ownership versus leasing

Question

Quizplus · Accepted Answer

The use of renewal options versus a long-term lease can provide a retailer with more flexibility in its location strategy, as it allows the retailer to renew or exit the lease at specific intervals rather than being tied to a long-term commitment. This can be particularly helpful in a fast-changing retail environment where store needs may shift quickly. The other options provided (A, B, and D) may also offer some flexibility, but are not as effective as the use of renewal options.

A Retailer's Location Strategy Can Be Made More Flexible Through