Give an example, not mentioned in the video, of a supermarket or grocery store and briefly describe its unique selling point.

Example: Wegmans. Wegmans is known for its exceptional customer service and high-quality prepared foods.

How do specialty stores use their knowledgeable staff to attract and retain customers?

Specialty stores use knowledgeable staff to provide expert guidance and personalized recommendations to customers.

10th Grade•45 minutes•CCSS CCSS. ELA-Literacy.RI.9-10.4

I can use target vocabulary to discuss different types of retailing.

Retailers act as intermediaries between manufacturers/wholesalers and consumers, making products accessible to the public.

Department stores offer a broad range of products across categories, while discount stores focus on offering products at lower prices.

Warehouse clubs offer products in bulk at discounted prices, requiring a membership fee for access.

This lesson includes 8 practice questions to reinforce learning.

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1. Define the term 'retailer' in your own words, based on the video's explanation.

2. Which type of retailer is best known for offering a wide range of products, organized into distinct departments, under one roof?

3. Explain how discount stores are able to offer products at lower prices than traditional retailers.

...and 5 more questions

8 Most Common Types of Retailers | From A Business Professor

Business School 101