Understanding Lululemon: A Specialty Store for Athletes
What type of retailer is Lululemon?
a. discounter
b. power retailer
c. department store
d. off-price store
e. specialty store
Final answer: Lululemon is a specialty store.
Answer:
Lululemon is a specialty store that specializes in athletic apparel and equipment.
Lululemon is classified as a specialty store. A specialty store is a type of retailer that focuses on a specific product category or niche market. In the case of Lululemon, they specialize in athletic apparel and equipment. They offer a wide range of products specifically designed for activities such as yoga, biking, running, and hiking.
Lululemon's focus on providing high-quality and stylish clothing tailored to the needs of athletes sets them apart from other retailers.