What does "pre-priced inventory" refer to?

Pre-priced inventory refers to merchandise that arrives at the retail location with price tags already attached. This system streamlines the selling process as it eliminates the need for store personnel to tag items prior to putting them on display or selling them. It allows for quicker inventory turnover, enhances customer experience by providing immediate price visibility, and reduces labor costs associated with pricing items individually.

This is particularly advantageous in high-volume retail environments where efficiency is key. The attached price tags also help in maintaining consistency across pricing in various outlets, particularly if the same product is sold in multiple locations. In contrast, the other options involve scenarios that do not accurately capture the essence of pre-priced inventory; for example, merchandise without tags requires additional labeling, while items that are permanently discounted would suggest a pricing strategy rather than the state of the inventory itself.