Question

Q2 Define off price retailer with the help of an example.​

Answer 1

Answer:

Off-price retailers are retailers who provide high quality goods at cheap prices. They usually sell second-hand goods, off-the-season items etc. ... A general merchandise retailer who offers a limited merchandise assortment, with little service and at low prices is termed as warehouse club.

Explanation:

Answer 2

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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. ... They buy manufacturer irregulars, seconds, closeouts, canceled orders, overruns, goods returned by other retailers and end-of-season closeout merchandise