Discount Retailer
A discount retailer is a type of store that sells products at lower prices than traditional retail outlets. These retailers often offer a wide range of items, including clothing, electronics, and household goods, by purchasing products in bulk or directly from manufacturers. This allows them to pass savings on to customers.
Many discount retailers operate on a no-frills model, meaning they may have simpler store layouts and fewer customer services. Examples of well-known discount retailers include Walmart, Dollar Tree, and Aldi. These stores attract budget-conscious shoppers looking for value and affordability.