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  • Declining ROI Entry phase Trading up phase Vulnerability phase The Wheel of Retailing 1 2 3 Slide 12: Innovation Growth Maturity Decline Retail Life Cycle Slide 13: Retail Accordion The contraction and expansion of merchandise is called retail accordion Slide 15: CONFLICT THEORIES ???Where the competition or conflict between two opposite types of retailers, leads to a new format being developed.??
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