General merchandise retailers include all of the following EXCEPT:

General merchandise retailers are businesses that sell a variety of products from different categories, targeting a broad audience. This includes stores like drugstores, department stores, and extreme-value retailers, which offer a mix of consumables, apparel, and household goods at different price points.

Luxury boutiques, on the other hand, specialize in high-end, often designer products that cater to a more affluent clientele. These stores focus on exclusive and premium offerings with a curated selection, rather than the broader range of products that define general merchandise retailers. This distinction is crucial, as luxury boutiques are not typically expected to carry the full spectrum of items that appeal to a wide customer base, which is fundamentally the characteristic of general merchandise retailers.