A retail outlet that focuses on one type of product at very competitive or discount prices and often dominates the market is referred to as a __________.
A)general merchandise store
B)specialty outlet
C)hypermarket
D)category killer
E)department store

Question

Quizplus · Accepted Answer

A category killer is a retail store that specializes in one particular category or product and offers a vast selection of that product at competitive prices. They often dominate the market for that category and are known for their low prices, extensive product offerings, and superior product knowledge. Examples include stores like Best Buy (electronics), Home Depot (home improvement), and PetSmart (pet supplies).

A Retail Outlet That Focuses on One Type of Product