The two types of extreme value retailers are

A) dollar discount stores and convenience stores.
B) factory outlets and closeout chains.
C) penny retailers and off-price retailers.
D) off-price retailers and discount stores.
E) dollar discount stores and closeout chains.

Off-price retailers and discount stores are the two types of extreme value retailers. Off-price retailers sell high-quality goods at lower prices by taking advantage of overstocks or last season's goods, while discount stores offer a wide range of products at lower prices by maintaining low overhead costs and purchasing in large volumes.