What is Off price Retailers

Definition: Off-price retailers are retailers who provide high quality goods at cheap prices. They usually sell second-hand goods, off-the-season items etc.

Description: These retailers offer inconsistent assortment of brand name and fashion-oriented soft goods at low prices. They buy manufacturer irregulars, seconds, closeouts, canceled orders, overruns, goods returned by other retailers and end-of-season closeout merchandise.

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Category Specialists
Discount stores that specialize in a particular category are called category specialist retailers. They are also known as discount s...
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Variable Markup Policy
The policy of charging variable markups on different category of merchandise depending upon their classification is called variable ...
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Catalogue Showrooms
These are retailers whose showrooms are adjacent to the warehouse. These retailers usually specializ
Category Specialists
: Discount stores that specialize in a particular category are called category specialist retailers.
Off Price Retailers
Off-price retailers are retailers who provide high quality goods at cheap prices. They usually sell
Variable Markup Policy
: The policy of charging variable markups on different category of merchandise depending upon their
Visual Merchandising
Visual merchandise is the presentation of a store and its merchandise in such a manner that will att
Warehouse Clubs
: A general merchandise retailer who offers a limited merchandise assortment, with little service an
Wheel Of Retailing
: The Wheel of Retailing is a theory to explain the institutional changes that take place when innov

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