What is the name for the theory that argues that conventional stores are threatened by low-end stores until they, too, become more conventional?

Question

What is the name for the theory that argues that conventional stores are threatened by low-end stores until they, too, become more conventional?
Multiple choice question.

World of consuming

World of selling

Wheel of vending

Wheel of retailing

GPT-4o mini · Answer

The correct answer is **Wheel of retailing**.