Discount stores differ from off-price retailers in that discount stores ________.
Definition: Off-price retailers are retailers who provide high quality goods at cheap prices. They usually sell second-hand goods, off-the-season items etc. Show Description: These retailers offer inconsistent assortment of brand name and fashion-oriented soft goods at low prices. They buy manufacturer irregulars, seconds, closeouts, canceled orders, overruns, goods returned by other retailers and end-of-season closeout merchandise. 0 Exact answers 0 Text answers 35 Multiple-choice answers _______ seems to explain the initial success and later troubles of department stores, supermarkets, and discount stores, and the recent success of off-price retailers. The wheel-of-retailing concept Merchant wholesaling Retail convergence Franchising Warehousing
The merging of consumers, products, prices, and retailers is called ________. consumer convergence retail convergence retail conglomeration price merging retail clusteringTouch-screen kiosks, customer-loyalty cards, handheld shopping assistants, and self-scanning checkout systems are all examples of how retailers use technology to ________. produce more accurate forecasts send information between stores interact with suppliers control inventory costs connect with customers________, the world's second largest retailer after Wal-Mart, has embarked on an aggressive mission to extend its role as a leading international retailer. Carrefour Toys "R" Us Costco McDonald's_______ buy mostly from producers and sell mostly to retailers and industrial consumers. Discount stores Megaretailers Independents Wholesalers Factory outletsWhich of the following is notone of a wholesaler's channel functions? financing bulk-breaking providing market information off-price retailing
In which wholesaler's channel function might wholesalers provide quicker delivery to buyers because they are closer than the producers? financing risk bearing buying and assortment building transportation warehousing_______ are the largest group of wholesalers. The group can be divided into the two broad types of full-service and limited-service. Merchant wholesalers Specialty wholesalers Manufacturer sales Agents Brokers________ and ________ differ from merchant wholesalers in two ways: They do not take title to goods, and they perform only a few functions. Brokers; agents Power centers; independent wholesalers Independent wholesalers; off-price retailers Branches; office Full-service wholesalers; limited-service wholesalers________, or manufacturers' representatives, represent a buyer or seller on a more permanent basis. Retailers Intermediaries Brokers Franchises AgentsWhich of the following types of wholesalers sell primarily to manufacturers rather than to retailers? industrial distributors cash-and-carry wholesalers rack jobbers drop shippers wholesale merchants
Today's large, progressive wholesalers have successfully reacted to rising costs by ________. investing little money in equipment or systems reducing promotional activities locating in low-rent, low-tax areas increasing their markup investing in information technology systemsIn the battle for "share of stomachs," some supermarkets are cutting costs and attempting to compete more effectively with food discounters, while others are moving upscale, providing improved store environments and higher-quality food offerings. These two different strategies represent changes in ________. wholesaling retail technology retail convergence positioning place decisionsMcDonald's, Subway, and Pizza Hut are all examples of a ________. franchise voluntary chain retailer cooperative power center full-service retailer Debenham's department stores carry a wide range of product lines, including clothing, jewelry, kitchenware, and home furnishings. Debenhams typically charges a relatively high markup, but also holds frequent sales and price promotions, in particular offering discounts to customers who use a Debenham's credit card. Debenham's uses ________. everyday low pricing retail convergence high-low pricing self-service retailing experiential retailingYou own an independent store in your neighborhood. You still like to offer fresh seafood in your meat display case. Which type of wholesaler might best serve you? rack jobber agents and brokers cash-and-carry wholesaler mail-order wholesaler drop shipper
What is the difference between a discount store and an offThe off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to other stores which purchased an initial run.
What is an offTerms in this set (28) What is the difference between a discount store and an off-price store? Off-Price Store: A store that sells merchandise bought at less than regular wholesale prices and sold at less than retail.
What is discount store in retail?discount store, in merchandising, a retail store that sells products at prices lower than those asked by traditional retail outlets. Some discount stores are similar to department stores in that they offer a wide assortment of goods; indeed, some are called discount department stores.
What are the different types of offThe three main types of off price retailers are:
Factory outlets. Independent retailers. Warehouse clubs.
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