Discount Retailers
Discount retailers are stores that sell products at lower prices than traditional retail outlets. They achieve this by offering a limited selection of items, often focusing on generic or off-brand products. These retailers typically operate on a high-volume, low-margin business model, allowing them to pass savings on to customers.
Common examples of discount retailers include Walmart, Dollar Tree, and Aldi. These stores attract budget-conscious shoppers looking for everyday essentials, groceries, and household items at reduced prices. By keeping overhead costs low and streamlining operations, discount retailers provide an affordable shopping option for many consumers.