2. Several major retailers have begun to test the extreme markdown strategy that lies behind popular dollar

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2. Several major retailers have begun to test the extreme markdown strategy that lies behind popular dollar stores such as Dollar General and Family Dollar Stores. Kroger, A&P, Walmart, and others have opened sections in selected stores that feature items from snacks to beauty supplies priced at $1.

Is this experiment simply a test of pricing strategy? What else might motivate these retailers to offer such deep discounts?

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Contemporary Marketing

ISBN: 9781111221782

15th Edition

Authors: Louis E. Boone, David L. Kurtz

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