The "Wheel of Retailing" Theory Suggests That

The "Wheel of Retailing" theory suggests that:

A) retail stores do not have life cycles.
B) retailing profits tend to be cyclical.
C) only the largest retailers have a chance to survive in a fast-moving economy.
D) new types of retailers enter as low-price operators and eventually begin to offer more services and charge higher prices.
E) only discounters can survive in the long run.