Describe the major types of retail stores. Give an example of each.

Q: Discuss the four characteristics by which retail stores are classified.

A: Four characteristics by which retail stores are classified are as follows :- 1. According to its…

Q: Discuss the major factors that help to determine a retail store’s image. How does atmosphere add…

A: The organizations have gone global. There are various marketing strategies and tactics that the…

Q: Find some examples of retailers that demonstrate the conceptof the wheel of retailing. Explain the…

A: Wheel of retailing is a term that explains the phases through which a retailer goes through during…

Q: What are the four most common types of shopping centers, and what type of store does each typically…

A: Shopping centres are also known as shopping mall, it is the North American term for the large indoor…

Q: Discuss the benefits of stores. Give at least 1 example

A: STORES is considered a building or a part of building where things are sold .

Q: what are the 4 characteristics by which retail stores are classified?

A: There are several ways for retailers to assess success, but ultimately, the most important…

Q: Choose three different online retailers and highlight two examples of differentiation in each.

A: Online retailers refer to a type of electronic commerce in which consumers can buy goods or services…

Q: Explain why it is that such a large percentage of retail sales still take place in physical…

A: During the Covid-19 epidemic, online sales for retailers grew significantly. eCommerce sales…