Question

Which type of retailer offers a limited assortment of goods–typically 1,000 to 3,000 different items–at rock-bottom prices?

Answer 1

A discount store or dollar store is the retailer that offers a limited selection of goods at rock-bottom prices by maintaining cost-effective operations.

Step-by-step explanation:

The type of retailer that offers a limited assortment of goods, typically ranging from 1,000 to 3,000 items, at rock-bottom prices, is known as a discount store or dollar store. These stores focus on keeping costs low, often by limiting selections to generic or less popular versions of products, buying in bulk, maintaining minimal store decorations, and using cost-efficient staffing practices. Due to these strategies, consumers are able to purchase a variety of items at significantly lower prices compared to traditional retail stores.