Identify the Incorrect Statement About Warehouse Clubs

Multiple Choice

Identify the incorrect statement about warehouse clubs.

A) They charge patrons an annual membership fee.
B) They sell a limited selection of brand-name grocery items, appliances, and clothing.
C) These mature-stage retailers operate out of enormous, low-cost facilities.
D) They sell a vast, unlimited selection of miscellaneous items at a deep discount.
E) Warehouse stores, which have low costs because they buy products at huge quantity discounts and use limited labor, usually have low gross margins.