Question

Allstocks, a Web seller that buys furniture, clothing, electronics, and more from a variety of producers at less-than-regular wholesale prices and then charges customers less than retail, is a(n) ________.A) specialty retailer

B) independent off-price retailer
C) departmental retailer
D) full-service retailer
E) category killer

Answer 1

B

Step-by-step explanation:

The specialty of an independent off-price retailer is that they sell products lesser price than the other retailers. They deal in leftover, old stocks (not necessarily) and get them in price lesser than wholesale price and pass this benefit to customers. They deal with products in very high volume so that they can offer lower price by economies of scale.

Answer 2

B) independent off-price retailer

Step-by-step explanation:

Independent off-price retailers generally buy products from overstocked companies, end of season products, or even bankrupted companies that are liquidating their stock. The they resell them at a price lower than the standard retail price.

Since these companies tend to be smaller and are not part of a larger corporation, their sales and administrative costs are also lower.