The largest inventory of wedding dresses in the Southeast can be found at Low's Bridal and Formal in Brinkley,Arkansas.From December 26 to January 16,a prospective bride shopping at Low's can find gowns once priced at $6,000 for $2,999 and $800 gowns for $399.The reduced prices of these gowns are reflected in which retail pricing strategy?

Question

Quizplus · Accepted Answer

The reduced prices of the gowns indicate that there has been a markdown in their prices. Markdowns are when retailers lower the retail price of an item in order to clear inventory or increase sales.

The Largest Inventory of Wedding Dresses in the Southeast Can