Stores such as T. J. Maxx, Burlington Coat Factory, and Marshalls buy manufacturers' seconds, overruns, returns, and off-season production runs at below wholesale prices. These firms that resell this merchandise to consumers at deep discounts are called

a. category killers.

b. off-price retailers.

c. specialty retailers.

d. hypermarkets.

e. discount retailers

Question

Parker Morgan

Business

4 October, 03:58

Stores such as T. J. Maxx, Burlington Coat Factory, and Marshalls buy manufacturers' seconds, overruns, returns, and off-season production runs at below wholesale prices. These firms that resell this merchandise to consumers at deep discounts are called

a. category killers.

b. off-price retailers.

c. specialty retailers.

d. hypermarkets.

e. discount retailers

+3

Answers (1)

Know the Answer?

Stephen Kent · Answer 1

Answer: Off price retailers

Explanation: In simple words, it refers to the retailers that sells high quality products at relatively lower prices than market. The key to their business structure is the discount they offer as the majority of product they sell are of second hand quality or are off seasoned.

They procure material directly from the suppliers in the form of scrap etc and then sells it to retailer at heavy discounts. Hence from the above we can conclude that the correct answer is off price retailers.