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 ?
The next time you visit the discount store, take a look at all their airgims.
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.
Indeed, Wal-Mart will open 50 new discount stores, but its total discount store count will actually go down next year because of the 180 new Supercenters they will open: 100 to 115 of them will be converted and expanded Wal-Mart discount stores.
Schoewe said that by fiscal 2005, Wal-Mart's Supercenters will outnumber its discount stores. There are 175 Supercenters on tap for this year.
Littlewoods discount stores general manager David L'Herroux said: "Positions created include sales management opportunities as well as sales floor staff offering full, part-time and weekend work.
Fifteen per cent of people in the ABC1 social bracket said they were shopping more at discount stores - such as Peacocks, Matalan and Primark - than a year ago, according to retail consultants Verdict.
To keep up with its 25% growth rate, Dollar Tree-a fast-growing chain of discount stores where every item costs $1.00-put its own dollars down on a second new automated distribution center.
The company will use the money to build 200 discount stores in El Salvador, Honduras, Nicaragua and the Dominican Republic.
survey, supermarkets are providing more satisfactory customer service than discount stores or drug stores.
(IRI), Chicago, IL, for the 52 weeks ended July 19, dollar volume for private label tampons increased 21.7% at food stores, 32.2% at drug stores and 63.6% at discount stores. Sanitary napkin and liner sales, however, decreased at food and drug stores, although they gained 10.2% at discount stores.
The opportunity lies in the fact that retailers of a particular format (such as discount stores) appear to be increasingly successful in attracting customers from an ever widening variety of other retail formats.