BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -discount store, in merchandising, a retail store that sells products at prices lower than those asked by traditional retail outlets. Some discount stores are similar to department stores in that they offer a wide assortment of goods; indeed, some are called discount department stores.

Detailed explanation-2: -Many discount retailers such as Wal-Mart, Costco, K-Mart, and Target are all examples of discount retailers that sell brand name quality products at competitively priced rates due to exemplary distribution practices, lower retail margins, and bulk product purchases.

Detailed explanation-3: -Retail discounting is used to decrease the price of specific products for a set amount of time. In some cases retailers offer a store-wide discount to move excess inventory and create space for new collections. Retailers usually run discounts to attract new customers, increase sales, and clear out old inventory.