Dina loves branded apparel and accessories but cannot afford to buy them too often. Fortunately, Dina lives close to an off-price retail store that is owned and operated by a famous brand. The company utilizes this store to sell its surplus, discontinued, or irregular goods at significantly lower costs. The retail store is best referred to as a ________.
A)category killer
B)factory outlet
C)specialty store
D)superstore
E)power centre

Question

Quizplus · Accepted Answer

The off-price retail store that sells surplus, discontinued, or irregular goods of a famous brand at significantly lower costs is called a factory outlet. This type of store is owned and operated by the company itself and offers discounted prices to attract price-sensitive consumers who want to purchase branded goods at affordable prices.

Dina Loves Branded Apparel and Accessories but Cannot Afford to Buy