1335MarketingMedium
The concept which states that new retailers begin as low price and low margin retailers and then covert into high priced retailers they have replaced is called?
Awheel of mega retailers
Bwheel of retailing concept
Cretailers discount concept
Dcycle of retailers
Correct answer
B. wheel of retailing concept
Explanation
wheel of retailing concept is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.