Exam 5: Retail Institutions by Store-Based Strategy

Which of these is a successful European store type that has not done well in the United States?

Which retail institution is organized into specific divisions for purposes of buying,promotion,customer service,and control?

The food-oriented retailer with the highest percent of fill-in sales is the _____.

Off-price chains typically purchase their merchandise through traditional wholesale channels.

Which concept characterizes all destination retailers?

Which of the following is not a basic assumption of the wheel of retailing?

A special type of combination store that integrates an economy supermarket with a discount department store is a _____.

Which food-oriented retailer specializes in fill-in merchandise?

Which food-oriented retailer traditionally uses cut cases,relies on customers doing their own bagging,and heavily utilizes private-label brands?

According to the wheel-of-retailing theory,which pricing strategy is used by an innovator?

The high total sales volume from off-price chains,factory outlets,membership clubs,and flea markets can be explained by _____.

A food-oriented retailer in which general merchandise accounts for 25 percent to 40 percent of total store sales is a _____.

A narrow but deep product assortment characterizes _____.

During which stage of the retail life cycle do sales and then profits rise for the first retailers in this category?

A pharmacy (due to increased competition from a neighboring supermarket)has added an exclusive line of cosmetics and expanded its line of greeting cards and gift-wrapping items.This strategy illustrates _____.

There is much discussion about saturation of fast-food franchises and the need for unconventional locations (such as schools,zoos,or U.S.naval bases)in the United States.This illustrates which retail life cycle stage?

Which retail institution generally does not mention specific brand names and/or prices in its advertising?

Which retail institutions do not require advertising support from suppliers?

In downsizing,retailers increase productivity through _____.

A retailer tries to appeal to consumers' one-stop shopping needs through _____.