Which of the following statements is true of retailing?

Question $47$ options:

The largest type of retail outlet is a supermarket.

A department store has a narrow product line with a deep assortment.

All retail stores are full$-$service retail stores.

Services like hotels, banks, airlines, restaurants, colleges, and hospitals can be retailed.

A feature common to all types of retail stores is the use of the everyday low pricing strategy.