Retailers have built better relationships with key customers New retail formats are created and evolve because _.Ĭonsumers' needs, wants and competition change The recognition of a well known brand nameĪ retailer that is owned and controlled by "members" where costs are kept low, wages are kept high, and no profits are expected is best described as a(n): The financial assistance available to start the business The most salient reason to invest in a franchise is: Retailers that have narrow product variety and deep assortments are best described as: The type of retailer that is mostly known for inconsistent assortments is best described as a(n): The type of retailer that focuses mostly on soft goods, carries both national and private brands, and has a wide breadth with a high ambiance would be best desribed as a(n):
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