– How are stores like Marshall’s, Ross, and TJ Maxx able to sell things for a cheaper than retail price?

Question

– How are stores like Marshall’s, Ross, and TJ Maxx able to sell things for a cheaper than retail price?

In: Economics

Answer 1

Normal “retail” prices are marked up heavily above the actual wholesale price the store buys them for. That allows them to heavily discount retail prices and still make a profit