QUESTION IMAGE
Question
matching activity
diversity of industry - retail types
a. closeout stores
b. convenience stores
c. department stores
d. direct selling
e. off - price retailers
f. outlet stores
g. specialty stores
h. supercenters
i. supermarkets
j. wholesale clubs
k. thrift stores
- ____ stores that sell products in bulk directly to consumers, and typically require a membership. ex. costco and sams club
- ____ this segment focuses on deep but narrow assortments with a high level of customer service. ex. dicks sporting goods, dunhams and barnes and noble
- ____ a type of off - price retailer that offers an assortment of brand - name merchandise at a significant discount off the manufacturers price. ex. big lots
- ____ these general merchandise stores are easily accessible, small in size, with quick shopping and easy checkout. ex. 7 - eleven and speedway
- ____ these stores offer good service and a broad variety and assortment of products of mid - to - high quality. ex. kohls and macys
- ____ category of retailers that offer brand - name merchandise at a discount. the merchandise typically consists of excess inventory, closeouts, and irregularities and these stores tend to limit their online presence due to inventory turnover. ex. nordstrom rack and dsw
- ____ these stores sell a wide variety of goods including food, alcohol, and medicine. (usually a pharmacy inside) ex. family fare and d & w
- ____ salespeople contact customers directly in a convenient location often at a customers home, demonstrate the product benefits, take orders, and deliver the products or perform the services. ex. mary kay or plexus
- ____ these stores sell secondhand clothes and household goods, many use profits to raise funds for charity. ex. upscale resale and new 2 you
- ____ stores that offer off - price goods that are owned by the manufacturer or retailer. ex. old navy outlet, columbia outlet and many other tanger stores
- ____ a gigantic retail facility that carries an enormous range of products, from apparel to groceries to automotive supplies, all under one roof. ex. meijer and target
Brief Explanations
- Wholesale clubs sell products in bulk and often require membership, like Costco and Sam's Club.
- Specialty stores focus on deep but narrow assortments with high - level customer service, such as Dick's Sporting Goods.
- Off - price retailers offer brand - name merchandise at a significant discount, e.g., Big Lots.
- Convenience stores are small, accessible, and have quick shopping, like 7 - Eleven.
- Department stores offer a broad variety of mid - to - high quality products and good service, such as Kohl's and Macy's.
- Outlet stores offer brand - name merchandise at a discount, often with excess inventory, etc., like Nordstrom Rack.
- Supermarkets sell a wide variety of goods including food, alcohol, and usually have a pharmacy, e.g., Family Fare.
- Direct selling involves salespeople contacting customers directly, like Mary Kay.
- Thrift stores sell second - hand items and may raise funds for charity, such as Upscale Resale.
- Outlet stores can be owned by the manufacturer or retailer and offer off - price goods, like Old Navy Outlet.
- Supercenters are large retail facilities with a wide range of products, such as Meijer and Target.
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- J. Wholesale Clubs
- G. Specialty Stores
- E. Off - price retailers
- B. Convenience Stores
- C. Department Stores
- F. Outlet Stores
- I. Supermarkets
- D. Direct Selling
- K. Thrift Stores
- F. Outlet Stores
- H. Supercenters