Which of the following is an off-price retailer that is owned and operated by the manufacturer,and stocks the manufacturers' surplus,discontinued,or irregular products?
A) Warehouse club
B) Factory outlet
C) Supermarket
D) Supercenter
E) Independent carrier

Question

Quizplus · Accepted Answer

Factory outlets are off-price retailers that are owned and operated by the manufacturer. They stock surplus, discontinued, or irregular products from the manufacturer at a lower price. Warehouse clubs are membership-based retailers that sell a variety of products in bulk quantities. Supermarkets and supercenters are traditional retailers that sell a range of products at regular prices. Independent carriers refer to logistics companies that transport goods from one place to another.

Which of the Following Is an Off-Price Retailer That Is