Question 6 4 pts , concentrate(s) on a limited number of complementary merchandise categories and provides a high level of service in an 8,000 square feet. area typically less than Leased Departments...

Question 6 4 pts , concentrate(s) on a limited number of complementary merchandise categories and provides a high level of service in an 8,000 square feet. area typically less than Leased Departments Fast Fashion Category Specialists Specialty Stores Pop up stores Question 7 4 pts Single-store businesses account for over of all US retailers, but generate less than 50% of all retail sales. 95% 90% 85% 80% 75% Question 8 4 pts A is a statement identifying the retailer's target market, the format the retailers plan to use to satisfy the target markets needs and the basis upon which the retailer plans to build a sustainable competitive advantage. Competitive strategy Gross margin strategy Retail strategy Exit strategy Efficiency strategy Question 1O 4 pts A opportunity involves an entirely new retail format directed toward a W market segment that is not presently being served. market expansion diversification retail format development market penetration diverse outcome Oo Question 9 4 pts Retailers are the employers-large and small that directly and indirectly account for one out of every American jobs. 2 3 5 6 LO