Respuesta :
FALSE
Retailers prefer to locate near customers, which means they often locate near one another.
What is a Retail business?
- In contrast to wholesale, which involves selling to businesses or institutions, retail involves selling goods and services to consumers.
- A retailer buys products in bulk from manufacturers, either directly or via a wholesaler, and then sells them to customers in smaller quantities at a profit.
- The history of retail markets and stores dates back to antiquity. Itinerant peddlers were some of the first merchants.
- Retail stores have evolved over the centuries from being little more than "rude booths" to the upscale shopping malls of the modern era.
- By selling through various channels, such as brick-and-mortar and online retailing, more and more retailers are attempting to reach wider markets in the digital age.
- Consumer payment methods are also being impacted by digital technologies.
- The provision of credit, delivery services, advisory services, stylist services, and a variety of other supporting services are examples of additional retailing support services.
- A variety of strategic-level decisions are typically made by most modern retailers, including those regarding the type of store, the target market, the best product assortment, customer service, ancillary services, and the store's overall market positioning.
- Retailers create the retail mix, which consists of the following elements: product, price, place, promotion, personnel, and presentation, once the strategic retail plan is in place.
To learn more about retail business, refer
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