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From the article: Value Retail... requires brands to offer 3 5 % off on average to secure a spot in their retail villages . .
From the article: Value Retail... requires brands to offer off on average to secure a spot in their retail villages outlets arent easy to get to To avoid competing with brands fullprice stores, they tend to be located far from major shopping hubs. Briefly explain why locating retail stores far from major shopping hubs makes arbitrage less likely.
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