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.

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.

Discount stores differ from off-price retailers in that discount stores ________.
The wheel-of-retailing concept

Discount stores differ from off-price retailers in that discount stores ________.
Merchant wholesaling

Discount stores differ from off-price retailers in that discount stores ________.
Retail convergence

Discount stores differ from off-price retailers in that discount stores ________.
Franchising

Discount stores differ from off-price retailers in that discount stores ________.
Warehousing


Discount stores differ from off-price retailers in that discount stores ________.

The merging of consumers, products, prices, and retailers is called ________.

Discount stores differ from off-price retailers in that discount stores ________.
consumer convergence

Discount stores differ from off-price retailers in that discount stores ________.
retail convergence

Discount stores differ from off-price retailers in that discount stores ________.
retail conglomeration

Discount stores differ from off-price retailers in that discount stores ________.
price merging

Discount stores differ from off-price retailers in that discount stores ________.
retail clustering


Touch-screen kiosks, customer-loyalty cards, handheld shopping assistants, and self-scanning checkout systems are all examples of how retailers use technology to ________.

Discount stores differ from off-price retailers in that discount stores ________.
produce more accurate forecasts

Discount stores differ from off-price retailers in that discount stores ________.
send information between stores

Discount stores differ from off-price retailers in that discount stores ________.
interact with suppliers

Discount stores differ from off-price retailers in that discount stores ________.
control inventory costs

Discount stores differ from off-price retailers in that discount stores ________.
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.

Discount stores differ from off-price retailers in that discount stores ________.
Carrefour

Discount stores differ from off-price retailers in that discount stores ________.
Toys "R" Us

Discount stores differ from off-price retailers in that discount stores ________.
Costco

Discount stores differ from off-price retailers in that discount stores ________.
McDonald's

Discount stores differ from off-price retailers in that discount stores ________.
The Gap


_______ buy mostly from producers and sell mostly to retailers and industrial consumers.

Discount stores differ from off-price retailers in that discount stores ________.
Discount stores

Discount stores differ from off-price retailers in that discount stores ________.
Megaretailers

Discount stores differ from off-price retailers in that discount stores ________.
Independents

Discount stores differ from off-price retailers in that discount stores ________.
Wholesalers

Discount stores differ from off-price retailers in that discount stores ________.
Factory outlets


Which of the following is

not

one of a wholesaler's channel functions?

Discount stores differ from off-price retailers in that discount stores ________.
financing

Discount stores differ from off-price retailers in that discount stores ________.
bulk-breaking

Discount stores differ from off-price retailers in that discount stores ________.
providing market information

Discount stores differ from off-price retailers in that discount stores ________.
off-price retailing


Discount stores differ from off-price retailers in that discount stores ________.

In which wholesaler's channel function might wholesalers provide quicker delivery to buyers because they are closer than the producers?

Discount stores differ from off-price retailers in that discount stores ________.
financing

Discount stores differ from off-price retailers in that discount stores ________.
risk bearing

Discount stores differ from off-price retailers in that discount stores ________.
buying and assortment building

Discount stores differ from off-price retailers in that discount stores ________.
transportation

Discount stores differ from off-price retailers in that discount stores ________.
warehousing


_______ are the largest group of wholesalers. The group can be divided into the two broad types of full-service and limited-service.

Discount stores differ from off-price retailers in that discount stores ________.
Merchant wholesalers

Discount stores differ from off-price retailers in that discount stores ________.
Specialty wholesalers

Discount stores differ from off-price retailers in that discount stores ________.
Manufacturer sales

Discount stores differ from off-price retailers in that discount stores ________.
Agents

Discount stores differ from off-price retailers in that discount stores ________.
Brokers


________ and ________ differ from merchant wholesalers in two ways: They do not take title to goods, and they perform only a few functions.

Discount stores differ from off-price retailers in that discount stores ________.
Brokers; agents

Discount stores differ from off-price retailers in that discount stores ________.
Power centers; independent wholesalers

Discount stores differ from off-price retailers in that discount stores ________.
Independent wholesalers; off-price retailers

Discount stores differ from off-price retailers in that discount stores ________.
Branches; office

Discount stores differ from off-price retailers in that discount stores ________.
Full-service wholesalers; limited-service wholesalers


________, or manufacturers' representatives, represent a buyer or seller on a more permanent basis.

Discount stores differ from off-price retailers in that discount stores ________.
Retailers

Discount stores differ from off-price retailers in that discount stores ________.
Intermediaries

Discount stores differ from off-price retailers in that discount stores ________.
Brokers

Discount stores differ from off-price retailers in that discount stores ________.
Franchises

Discount stores differ from off-price retailers in that discount stores ________.
Agents


Which of the following types of wholesalers sell primarily to manufacturers rather than to retailers?

Discount stores differ from off-price retailers in that discount stores ________.
industrial distributors

Discount stores differ from off-price retailers in that discount stores ________.
cash-and-carry wholesalers

Discount stores differ from off-price retailers in that discount stores ________.
rack jobbers

Discount stores differ from off-price retailers in that discount stores ________.
drop shippers

Discount stores differ from off-price retailers in that discount stores ________.
wholesale merchants


Discount stores differ from off-price retailers in that discount stores ________.

Today's large, progressive wholesalers have successfully reacted to rising costs by ________.

Discount stores differ from off-price retailers in that discount stores ________.
investing little money in equipment or systems

Discount stores differ from off-price retailers in that discount stores ________.
reducing promotional activities

Discount stores differ from off-price retailers in that discount stores ________.
locating in low-rent, low-tax areas

Discount stores differ from off-price retailers in that discount stores ________.
increasing their markup

Discount stores differ from off-price retailers in that discount stores ________.
investing in information technology systems


In 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 ________.

Discount stores differ from off-price retailers in that discount stores ________.
wholesaling

Discount stores differ from off-price retailers in that discount stores ________.
retail technology

Discount stores differ from off-price retailers in that discount stores ________.
retail convergence

Discount stores differ from off-price retailers in that discount stores ________.
positioning

Discount stores differ from off-price retailers in that discount stores ________.
place decisions


McDonald's, Subway, and Pizza Hut are all examples of a ________.

Discount stores differ from off-price retailers in that discount stores ________.
franchise

Discount stores differ from off-price retailers in that discount stores ________.
voluntary chain

Discount stores differ from off-price retailers in that discount stores ________.
retailer cooperative

Discount stores differ from off-price retailers in that discount stores ________.
power center

Discount stores differ from off-price retailers in that discount stores ________.
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 ________.

Discount stores differ from off-price retailers in that discount stores ________.
everyday low pricing

Discount stores differ from off-price retailers in that discount stores ________.
retail convergence

Discount stores differ from off-price retailers in that discount stores ________.
high-low pricing

Discount stores differ from off-price retailers in that discount stores ________.
self-service retailing

Discount stores differ from off-price retailers in that discount stores ________.
experiential retailing


You 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?

Discount stores differ from off-price retailers in that discount stores ________.
rack jobber

Discount stores differ from off-price retailers in that discount stores ________.
agents and brokers

Discount stores differ from off-price retailers in that discount stores ________.
cash-and-carry wholesaler

Discount stores differ from off-price retailers in that discount stores ________.
mail-order wholesaler

Discount stores differ from off-price retailers in that discount stores ________.
drop shipper


Discount stores differ from off-price retailers in that discount stores ________.

What is the difference between a discount store and an off

The 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 off

Terms 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 off

The three main types of off price retailers are: Factory outlets. Independent retailers. Warehouse clubs.