Crimson Corp.is a retail chain that sells a variety of products such as food, clothing, furniture, appliances, and other accessories.Since the store buys merchandise directly from vendors at very low prices, it is able to offer products at lower prices than traditional discount retailers.Crimson is an example of a(n):
A)department store.
B)specialty store.
C)discount store.
D)off-price retailer.
E)convenience store.

Question

Quizplus · Accepted Answer

Crimson Corp. is able to offer products at lower prices than traditional discount retailers because they buy merchandise directly from vendors at very low prices. This is a characteristic of off-price retailers.