As discount stores traded up, ________ have filled the ultra low-price, high-volume gap by buying at less-than-regular wholesale prices and charging consumers less than retail.

Question

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Off-price retailers specialize in buying excess inventory or discontinued merchandise from high-end retailers or manufacturers and selling it at a lower price than the original retail price. They fill the gap between traditional retail stores and discount stores by offering high-quality products at lower prices. Specialty stores, convenience stores, chain stores, and supercenters do not necessarily focus on offering low prices through excess or discontinued merchandise.

As Discount Stores Traded Up, ________ Have Filled the Ultra