Asked by Kristin Kowing on May 31, 2024

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________ offer a limited assortment of general merchandise at very low prices, often targeting low-income customers.

A) Department stores
B) Off-price retailers
C) Discount stores
D) Extreme-value retailers
E) Category specialists

Extreme-value Retailers

Stores that provide products at significantly lower prices than those of their competitors, often focusing on discount or budget items.

General Merchandise

A broad category of products that encompasses a wide variety of goods, often sold by large retail chains.

Low-income Customers

Individuals or households with minimal disposable income, representing a consumer segment that may require specifically tailored marketing approaches.

  • Acknowledge the various retail models and their exclusive attributes.
  • Absorb information on how off-price and discount retail operations are conducted.
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Vikas YadavJun 01, 2024
Final Answer :
D
Explanation :
Extreme-value retailers specialize in offering a limited range of merchandise at very low prices, often catering to low-income consumers by focusing on extreme value for everyday items.