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This Retail Format Combines a Discount Store and Grocery Store

question 99

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This retail format combines a discount store and grocery store to carry 80,000 to 100,000 products in order to offer one-stop shopping.


Definitions:

Franchise

A type of license that grants a franchisee access to a franchisor's proprietary knowledge, processes, and trademarks, to allow the party to sell a product or provide a service under the business's name.

Reverse Stock Split

When the number of outstanding shares is reduced and the market price per share is increased; as the price per share increases, the investor perceives that the stock is worth more.

Outstanding Shares

The total number of all shares issued to investors by a corporation.

Medco Health Solutions

A pharmacy benefits management company that provides pharmacy services, including prescription processing.

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