The sale of brand name merchandise at lower than regular prices is referred to as __________.
A)discount pricing
B)everyday low pricing
C)markdown pricing
D)off-price retailing
E)loss-leader pricing

Question

Quizplus · Accepted Answer

Off-price retailing refers to the sale of branded merchandise at lower prices than regular retail prices. The merchandise sold in off-price retailing is usually discontinued, overstocked, or unsold goods from previous seasons or collections. Examples of off-price retailers include stores like T.J. Maxx, Marshalls, and Ross Dress for Less.

The Sale of Brand Name Merchandise at Lower Than Regular