discount store


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discount store

a RETAILER which sells a relatively limited range of products at low, ‘discounted’ prices (that is, prices substantially below manufacturers' RECOMMENDED RETAIL PRICES and the prices charged by other types of retailer) on a SELF SERVICE basis.

Discount stores may be under single-shop ownership or run as a multiple CHAIN STORE business. In the latter case the bigger chains are usually able to obtain substantial price concessions by BULK BUYING direct from manufacturers. See DISTRIBUTION CHANNEL, CATEGORY DISCOUNTER, WAREHOUSE CLUB.

discount store

a self-service RETAIL OUTLET that tends to specialize in a narrow range of products and uses aggressive cut-pricing techniques to maximize store sales. Discount stores are usually run as part of a multiple CHAIN STORE business that is able to derive considerable benefits from concentrated BULK BUYING from manufacturers. See RETAILER DISTRIBUTION CHANNEL.
References in periodicals archive ?
These smaller formats are more closely related to grocery stores than classic general merchandise discount stores.
Lawson will integrate the two subsidiaries by the end of next March and run all of its discount stores as Lawson Store 100, the officials said.
The ground floor of the cafe was well alight when we arrived and the fire quickly spread up to the first and second floor and across to the room above the discount store," he said.
It should be reiterated that the recent expansion of supercentres in the US market is coming strongly from national discount store retailers with limited experience in food retailing.
When you don't consider grocery shopping, almost one in five Americans (18%) will plan on visiting discount stores more often than in the past, compared to 7% and 4% who said they plan to increase their shopping at Mid-Tier department stores and Top-Tier department stores, respectively.
Sam Walton wanted Butler to serve as the wholesale arm for his discount stores, but the company was not interested.
A major factor in the discount store channel's successful incursion into traditional drug store and food store categories, of course, is Walmart.
Further up Highway 67/167, the empty Wal-Mart discount store may also be divided up, or it may be torn down to make way new retail development.
But the company faced resistance when it tried to bring its discount store format to the area.
While that represents almost 80% of the channel's total Rx sales, much of that volume is processed through the chain's supercenters, which include a full-line supermarket under the same roof as a conventional discount store.
Store features such as a central checkout, like at a discount store or supermarket, and shopping carts mean convenience for shoppers, Bernard said.
has been named the Retailer of the Century by Discount Store News.