Match the following terms to the correct definitions: Closeout Stores, Outlet Stores, E-commerce. These retailers offer a broad variety of merchandise, limited service and low prices. They offer assorted brand name merchandise at significantly lower prices. They buy from the manufacturer and retailers at roughly one-fourth the original price. These stores sell secondhand clothes and other household goods, typically to raise funds for charitable institutions. The products are usually donated by individuals and businesses rather than purchased from a wholesaler or manufacturer. The license granted to another party to market a company's goods or services in a particular territory. They offer off-price stores that are owned by the manufacturer or retailer. This segment focuses on a deep but narrow assortment with a high level of customer service. Buying and selling through the internet via an electronic device.
1) Discount Stores
2) Franchise
3) Specialty Stores
4) Thrift Stores