Low operating costs characterize which of the following retailing institutions?
A) conventional supermarket, convenience store, and food-based superstore
B) variety store, specialty store, and full-line discount store
C) factory outlet, membership club, and warehouse store
D) box (limited line) store, membership club, and variety store

Question

Quizplus · Accepted Answer

Factory outlets, membership clubs, and warehouse stores have low operating costs because they typically have limited staffing, few frills, and minimal marketing expenses. They are able to offer lower prices to their customers as a result of their low operating costs.

Low Operating Costs Characterize Which of the Following Retailing Institutions