NRF Retail Industry Fundamentals Exam Questions And Answers

NRF Retail Industry Fundamentals Exam Questions And Answers A retail business, owned by shareholders and have centralized decision making for their multiple store locations is called - ANS-corporation In the retail product cycle, what step comes after distribution and products? - ANS-selling What item is a retail product - ANS-car tire A large facility that manufacturers sent large quantities of product to then distributed to stores is called - ANS-distribution center The period key term in retail for a period fo time that an item remains usable, or fir for consumption is called: - ANS-shelf life Customers of a popular shoe store chain can purchase items in-store and on-line or via their mobile app. the customer also receives texts and emails about current promotions and sales. This is an example of: - ANS-Omni-channel retailing What's considered a retail service? - ANS...