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Dollar discount stores and closeout chains are both types of off-price retailers. A True B False
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- Which of these describes a retail store which uses a low-end strategy? a. High price b. Well-known brands c. Premium items d. Cheap merchandiseWhich benefits does efficient supply chain management provide retailers concerning product availability? O reduced stockouts and tailored assortments increased backup stock level and reduced stockouts increased stock level and tailored assortments reduced stockouts and employee productivity tailored assortments and right pricing levelsThe type of non-store retailing where sales people interact, information is conveyed and demonstrate merchandise benefits to consumers is a. Television home shopping O b. Internet channel O c. Direct selling O d. Catalog channel
- Which of these factors matters in the definition of what constitutes retailing? Question options: The firm's national tax classification How customers refer to the company Whether the company sells to final consumers Where the goods or services are sold How the goods or services are soldDoor-to-door selling is the real strength of direct response retailing. 0 a) True () b) FalseWhich of the following is a key strategic option of store retailers? a) Selective distribution () b) Online retailing c) Direct selling d) Vending
- The wheel of retailing helps explain the evolution of firms that enter a market on a shoestring budget and gain customers by offering lower prices. It suggests that once a customer base is established, the retailer begins offering higher-end products, more upscale facilities, and better service. ) a) True () b) FalseIn the context of retail formats, the merchandising concept of 'category management'guided the development of Albert Heijn's innovative world-of-worlds store format. True/False? Justify your answer. need help fastRead the following examples of different specialty retailers. Identify the type of specialty retailer for each example. Toys R Us Marshalls Michael's Burlington Coat Factory Hallmark Stein Mart TJ Maxx Petco Einstein's Bagels [Choose ] ✓ [Choose ] Off-price Traditional Category killer [Choose ] [Choose ] [Choose ] [Choose ] [Choose ] [Choose ] O O O ✪ O
- These stores sell groceries and other personal items and is distinguished from other retailers because they operate through extended hours. a. Convenience stores b. Factory outlets c. Mom and pop stores d. Discount storesImagine an Italian restaurant nearby a shopping mall. Assume you are in charge of that store. What would you recommend the restaurant do in terms of store atmospherics, display, and retail positioning?I need help with these two questions In the general merchandise retailing category, off-price retailers A.sell high volumes of merchandise, offer limited service, and charge lower prices B.offer a wide variety of merchandise and limited depth C.sell brand-name and designer merchandise below regular retail D.sell primarily food products The three main retail formats include all of the following except A.general merchandise retailing B.food retailing C.discount retailing D.non-store retailing