________ reduce costs and maintain low prices by buying from manufacturers with excess inventory, offering limited assortments of goods and groceries.
A)Category killers
B)Specialty stores
C)Factory outlets
D)Extreme-value retailers
E)Convenience stores

Question

Quizplus · Accepted Answer

Extreme-value retailers reduce costs and maintain low prices by buying from manufacturers with excess inventory and offering limited assortments of goods and groceries. Examples of extreme-value retailers include Dollar General, Aldi, and Five Below. Category killers specialize in a particular category and dominate that category, while specialty stores focus on a specific product category and offer a deep assortment of that category. Factory outlets offer manufacturer direct discount prices, while convenience stores serve a time-pressed customer who wants to purchase something quickly.

________ Reduce Costs and Maintain Low Prices by Buying from Manufacturers