NRF Retail Industry Fundamentals Exam
2026 Questions and Answers
A retail business, owned by shareholders and have centralized decision making for
their multiple store locations is called - Correct answer-corporation
In the retail product cycle, what step comes after distribution and products? -
Correct answer-selling
What item is a retail product - Correct answer-car tire
A large facility that manufacturers sent large quantities of product to then
distributed to stores is called - Correct answer-distribution center
The period key term in retail for a period fo time that an item remains usable, or fir
for consumption is called: - Correct answer-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: - Correct answer-Omni-channel
retailing
What's considered a retail service? - Correct answer-car wash
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
2026 Questions and Answers
A retail business, owned by shareholders and have centralized decision making for
their multiple store locations is called - Correct answer-corporation
In the retail product cycle, what step comes after distribution and products? -
Correct answer-selling
What item is a retail product - Correct answer-car tire
A large facility that manufacturers sent large quantities of product to then
distributed to stores is called - Correct answer-distribution center
The period key term in retail for a period fo time that an item remains usable, or fir
for consumption is called: - Correct answer-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: - Correct answer-Omni-channel
retailing
What's considered a retail service? - Correct answer-car wash
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
