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Tractor Supply Company is an American retail chain that sells products for home improvement, agriculture, lawn and garden, livestock, equine and pet care. It has over 2,000 stores in 49 states and is a Fortune 500 company.
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
Orscheln Farm & Home is a farm and ranch supply retail chain with 175 stores in 11 U.S. states. It was founded in 1960 by W.C. Orscheln and acquired by Tractor Supply Company in 2022.
RRP stands for recommended retail price or suggested retail price, which is the price at which a manufacturer recommends that a retailer sell a product. The term is used in different countries and industries, such as the UK, the US, and the automobile sector, and may have different legal implications.
Price discrimination is a pricing strategy where identical or similar goods or services are sold at different prices to different customers. Learn about the different degrees of price discrimination, such as first-degree (personalized pricing), second-degree (product versioning), and third-degree (group pricing), and their theoretical basis and market examples.
Rural King is a private company that operates 135 farm supply stores in 13 U.S. states. It sells clothing, pet supplies, hunting equipment, firearms, lawn and garden products, and more.
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