Stores that sell goods less than the retail price.
What do they sell?
Examples of discount stores
Branch Stores: smaller retail units typically owned by a parent store.
Flagship Stores: "parent" or main store.
Chain: A group of stores owned & operated by a central office.
Off Price Discounters: sell name brand or designer merchandise at low prices.
Wholesale Warehouse Clubs: specialize in bulk sale & sell a limited selection of nationally branded merchandise.
Specialty Stores: carry large selections of limited classifications of merchandise.
Direct-mail Retailers: sell in mail orders.
Telecommunication Retailing: allows people to use communication devices to place their merchandise orders.
Store Ownership Groups: cooperate ownership groups, brought together under a central ownership.
Horizontal Integration: several chains or companies in one area.
National Retail Federation: Worlds largest trade association.