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Off-price. Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount ...
Puregold Price Club, Inc. or simply Puregold (stylized in all caps) is a chain of supermarkets in the Philippines trading goods such as consumer products (canned goods, housewares, toiletries, dry goods, and food products, among others) on a wholesale and retail basis. It currently has approximately more than 400 operating stores and over 20 ...
S&R Membership Shopping was established in 2001 as S&R PriceSmart, a franchise of American membership warehouse club chain PriceSmart. [ 1][ 2] The name "S&R" stands for American businessmen Sol and Robert Price, founders of Price Club and PriceSmart. [ 1] PriceSmart was the first major foreign retailer to enter the Philippine market since the ...
Consumers pick most items directly off pallets in retail-ready packaging ( Costco) A warehouse club (or wholesale club) is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business ...
Sari-sari store. A sari-sari store, anglicized as neighborhood sundry store, [1] is a convenience store found in the Philippines. The word sari-sari is Tagalog meaning "variety" or "sundry". Such stores occupy an important economic and social location in a Filipino community and are ubiquitous in neighborhoods and along streets.
In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. [3] The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress for Less, Marshalls, TJ Maxx, and ...