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 ?
launched the first outlet of its discount store chain ''Acolle'' in Tokyo's Nerima Ward on Sept.
By comparison, those earning less than $75,000 per year are more inclined than those in higher-income households to shop at discount stores; still, solid majorities of all three groups say they plan to shop at discount stores for Christmas presents this season.
THE RETAIL giant Littlewoods is to open a discount store in Coventry, creating 25 new jobs.
Historically, many US customers would willingly purchase such items as health and beauty and lawn and garden items at discount stores but refuse to extend purchases into apparel and other soft goods categories.
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.
In 2010, the most recent year for which data are currently available, discount stores accounted for 10% of retail pharmacy sales in the United States, trailing drug chains, mail order (23.
Kesko also said that it had plans to expand further with both new discount stores and supermarkets.
Windows were broken at auto repair shops, restaurants, computer and discount stores, home improvement stores, a bank and a minimart.
Designer discount stores can offer savings of as much as 30% to 60% off.
This compared to 34 percent of purchasers who bought RTA most often at discount stores.
Hard discount stores, as exemplified by Aldi, achieve their success as a result of five factors: