
Discount Retailing
Discount retailing involves selling products at lower prices compared to traditional stores, often by reducing overhead costs, offering private label brands, or buying in bulk. These stores focus on providing value and savings to customers without compromising quality. Examples include stores like Walmart or Aldi, which streamline operations and eliminate unnecessary services to pass savings onto shoppers. The goal is to attract price-sensitive consumers who seek everyday essentials at a more affordable price point. Discount retailing often emphasizes efficiency, cost-conscious sourcing, and simplified shopping experiences to deliver savings while maintaining profitability.