Examlex
Match each term with the correct statement below.
-context
Limited Services
Refers to businesses that offer a restricted range of services, often to maintain efficiency and reduce costs.
Extreme-value Retailers
Retail stores that offer a wide variety of merchandise, typically with low prices, targeting consumers looking for extreme deals.
Limited Assortments
Retailing strategy where a store offers a small number of products in order to focus on a specific category and reduce costs.
Excess Inventory
Refers to the surplus of products or materials that a business has on hand, exceeding the demand or need, often leading to storage issues or discounted sales.
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