Which term best describes a store that offers a wide range of products at lower prices via bulk purchasing?

The term that best describes a store offering a wide range of products at lower prices through bulk purchasing is a warehouse club. These stores are designed to provide consumers with significant savings on various items, typically by selling products in larger quantities or bundles. The model relies on a membership fee, which allows these clubs to keep prices lower than traditional retail formats.

Warehouse clubs operate on the premise of low overhead costs and limited service, allowing them to focus on offering products at competitive prices. This bulk purchasing approach benefits consumers looking for value, especially for frequently used household items or essentials.

In contrast, a convenience store focuses on providing quick access to a limited range of products, which is often at higher prices due to the convenience factor. A full service store usually offers personalized customer service and a wide selection, but it does not emphasize bulk pricing or the same level of discounting. Discount stores offer lower prices than traditional retail stores but may not provide the same value proposition as warehouse clubs, which specifically leverage bulk purchasing to achieve greater discounts.