Which type of store is small and offers a limited merchandise assortment at very low prices?

A set of business activities that adds value to the products and services sold to consumers for their person and family use.

A set of firms that make and deliver a given set of goods and services to the ultimate consumer.

A business that sells products and services to consumers for their personal or family use.

The number of SKU's within a merchandise category. (Also called Depth of merchandise)

Large, limited service retailers.

Variety: The number of different merchandise categories within a store or department

A discount retailer that offers a narrow but deep assortment of merchandise in a category and thus dominates the category from the customers' perspective. (Also called a category specialist)

1) An offer at a reduced price to sell a group of slow-moving or incomplete stock; 2) an incomplete assortment, the remainder of a line of merchandise that is to be discontinued and so is offered at a low price to ensure immediate sale.

A store that sells used merchandise and reimburses the individual customers who provide the items only after they sell.

When consumers are primarily concerned with minimizing their effort to get the product or service they want.

A self-service food store that offers groceries, meat, and produce with limited sales of nonfood items such as health and beauty aids and general merchandise.

A retailer that carries a wide variety and deep assortment, offers considerable customer services, and is organized into separate departments for displaying merchandise.

Small, extreme value retailers that sell a wide variety but shallow assortment of foods, household goods, and health and beauty care products.

Specialty retail store that concentrates on pharmaceuticals and health and personal grooming merchandise.

Merchandise expected to last for several years such as appliances and furniture (Also known as hard goods)

A brand developed by a national brand vendor; often in conjunction with a retailer, and sold exclusively by the retailer.

Small, full-line discount stores that offer a limited merchandise assortment at very low prices

Extreme-value food retailers

A supermarket offering a limited number of SKU's. (Also called limited-assortment supermarkets)

Small, full-line discount stores that offer a limited merchandise assortment at a very low price

Outlet store owned by a manufacturer.

Purchasing practices that require producers to pay workers a living wage, well more than the prevailing minimum wage and offer other benefits, like onsite medical treatment.

Temporary online sales, announced each day at about the same time that last for a specified time and are first-come, first-served.

A contractual agreement between a franchisor and a franchisee that allows the franchisee to per ate a retail outlet using a name and format developed and supported by the franchisor.

Retailers that offer a broad variety of merchandise, limited service, and low prices.

Merchandise expected to last for several years such as appliances and furniture.

are also large (100-300,000 sq ft), combination of food (60-70%) and general merchandise (30-40%) stores. Ex: Carrefour

Merchandise that has minor mistakes in construction.

Limited-assortment Supermarkets

A supermarket offering a limited number of SKU's.

A movement focusing on reducing the carbon footprint caused by the transportation of food throughout the world.

North american industry classification system: classification of retail firms into a hierarchical set of six-digit codes based on the types of products and services they produce and sale.

A retailer that offers and inconsistent assortment of brand-name, fashion-oriented soft goods at low prices.

Off-price retailer owned by a manufacturer or a department or specialty store chain.

The areas around the outside walls of a supermarket that have fresh merchandise categories.

Products developed and marketed by a retailer and only available for sale by that retailer: Also called store brand.

A firm that consists of multiple retail units under common ownership and usually has some centralization of decision making in defining and implementing its strategy.

Organization that offers consumers services rather than merchandise. (Banks, Hospitals, Health spas, Doctors, Legal clinics, entertainment firms, and Universities)

Merchandise with a relatively short lifespan such as clothing or cosmetics.

A type of store concentrating on a limited number of complementary merchandise categories and providing a high level of service.

The smallest unit available for keeping inventory control. In soft goods merchandise, an SKU usually means a sized color and style.

Large store (150,000 to 220,000 square feet) combining a discount store within a super market.

A retail format offering used merchandise.

The number of different merchandise categories within a store or department.

A retailer that offers a limited assortment of food and general merchandise with little service and low prices to ultimate consumers and small businesses.

Wholesale- sponsored voluntary cooperative group.

An organization operated by a wholesaler offering a merchandising program to small, independent retailers on voluntary basis.

What are retailers that offer a broad variety of merchandise limited service and low prices?

What is a limited line store?

Which type of food retailer is very large and offers a limited and irregular assortment of food and general merchandise in bulk with little service at low prices?

What kind of stores concentrate on a limited number of complementary merchandise categories and provide a high level of service?