Question: The _ _ _ _ _ theory of retail evolution describes retail institutions as evolving from outlets that offer wide assortments to specialized stores that

The _____ theory of retail evolution describes retail institutions as evolving from outlets that offer wide assortments to specialized stores that offer narrow assortments, and then return to the wide assortment stores, continuing this pattern again and again.
wheel of retailing
retail life cycle
retail accordion
dominant competitive
turnover

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