__________ reduce costs and maintain low prices by buying opportunistically from manufacturers with excess inventory,offering limited assortments and operating in low-rent locations.

Question

Quizplus · Accepted Answer

Extreme value retailers are known for their ability to reduce costs by purchasing from manufacturers with excess inventory and operating in low-rent locations, which allows them to maintain low prices. They also typically offer limited assortments to further reduce costs. Category killers, specialty stores, factory outlets, and convenience stores do not necessarily share the same cost-cutting strategies.

__________ Reduce Costs and Maintain Low Prices by Buying Opportunistically