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Which one of the following is NOT a major trend that is reshaping retailing?
Question options:
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Growth of fast retailing |
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New retail forms and combinations |
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Retailer consolidation |
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Growth of mobile retailing |
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The Metaverse |
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Decline of middle-market retailers |
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Increasing role of technology |
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Growth of omnichannel retailing |
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- What is retail market valueThe pandemic has accelerated a shift to buying online. Use your knowledge of retailing and/or customer buying behaviors to suggest and briefly explain two (2) strategies that offline/brick-and-mortar retailers could pursue to win back customersSome marketers believe that online stores will replace traditional stores in the near future. Othermarketers have opposite opinions, believing traditional stores will still maintain the same position.In what ways and to what extent do you think that non-store retailing poses a threat toconventional retailers? Use examples to support your discussion. Please discuss it with proper arguments with citing your references.
- What is meant by nonstore retailing?40- The mature retailers belong to which phase of the wheel of retailing? a. Trading-up phase b. Entry phase c. Selling phase d. Vulnerability phaseDefine the term "total retail experience." Then describe a recent retail situation in which your expectations were surpassed and state why.