Final answer:
The statement that high-draw items should be placed around the store's periphery as a retail layout guideline is true. This strategy increases product exposure and potential impulse purchases, aligning with retail models like the Huff Model.
Step-by-step explanation:
The statement that one guideline for a retail layout is to locate high-draw items around the periphery of the store is true. This is a common technique used to ensure that customers are exposed to a wider array of products as they move through the store to reach these items. This strategy can increase the chance of impulse purchases and maximizes exposure to the store's product offerings.
This method is supported by the principle of creating optimal customer flow within a retail space, which can influence shopper behavior and improve sales. The use of this approach aligns with various retail theories and models, such as the Huff Model, which involves understanding customer shopping habits and preferences to optimize store layouts and product placement.