Independent Off-Price Retailer

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Definition: Independent Off-Price Retailer

The retailer that are independent in nature and are run by individuals like entrepreneurs or are the part of some large corporation are called Independent off price retailers.

There specialty is in selling at lesser price than the other retailers. They deal in leftover, old stocks and get them in price lesser than wholesale price and pass this benefit to customers.

Example: The factory outlets of various manufactures can be the good example.

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