5. Some discounters not only have a no layaway policy but also will only accept cash. They...

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5. Some discounters not only have a ‘‘no layaway’’ policy but also will only accept cash. They don’t accept checks or credit and debit cards. Will this hinder these stores in the marketplace? Because of the slowing economy and the high fees banks charge on the cards, as well as bad checks, is the trend moving away from accepting these forms of payment? What would you suggest retailers do? Explain your reasoning.

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Retailing

ISBN: 9781285546056

7th Edition

Authors: Patrick M. Dunne, Robert F. Lusch , James R. Carver

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