discounter
A2Pronunciation
UK
- /dˈɪskaʊntə/
US
- /ˈdɪsˌkaʊntər/
Description
- low-price retailer
- bargain store
- price cutter
A discounter is a retailer (a shop or business) that sells products at prices lower than you usually see elsewhere. Think of stores known for good deals, like warehouse clubs, outlet stores, or budget supermarkets. They often keep prices down by buying in bulk, keeping the store simple (fewer “extras” like fancy displays), and selling a lot of items. While discounters are often linked with budget shopping, many well-known retailers also act like discounters when they run frequent sales and promotions. You might say, “Walmart is a major discounter,” or “I found a great deal at the discounter down the street.”
The term "discounter" refers to a retailer whose primary business strategy revolves around selling goods and services at prices significantly lower than traditional retail stores. This isn't just about having occasional sales; it's built into their entire operating model.
In the U.S. and other markets, large-scale discounters became especially prominent in the mid-20th century as an alternative to department stores with higher prices and more service. The idea was simple: fewer extras, more efficiency, and lower prices. Today, discounters come in many forms:
Hard discounters:* These are the most basic—think Aldi or Lidl—with limited selections, lots of store brands, and few store amenities. Off-price retailers:* Stores like TJ Maxx, Marshalls, and Ross offer brand-name merchandise for less, often by buying excess inventory from other retailers. Warehouse clubs:* Costco and Sam's Club require membership fees but provide bulk discounts on a wide range of products. Mass merchants:* Walmart and Target have evolved to become major discounters alongside their broader retail offerings.
The rise of online shopping has also impacted the discounter landscape, with e-commerce platforms offering competitive pricing and frequent promotions. While "discounter" often evokes images of budget shopping, it's a crucial part of the modern retail ecosystem, providing consumers with affordable options and driving price competition across the market. So, when you're hunting for a bargain, chances are you're shopping at a discounter!
In finance and business writing, "discounter" can also mean a bank or dealer that discounts a bill, note, or other claim—that is, buys it before it is due and pays less than its face value. More loosely, the word can refer to anyone who "discounts" something (for example, a person who discounts the importance of a piece of evidence), though this use is less common than the retail meaning.
Examples
- 1
Local competition
A new discounter opened near the station, and a lot of local shops had to lower their prices.
- 2
Household shopping
We usually buy cleaning products at a discounter and fresh food at the market.
- 3
Online retail
Several online discounters were selling the same printer for less than the big electronics chains.
Forms and spellings
1 form open this card.
Main spelling
- discounternoun