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Industry
Glossary |
Data
Dictionary Services
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Industry
Glossaries:
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Supermarket |
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| Trade Allowance | Category |
| | Supermarket |
| Merchandise Assortment | Category | | Merchandise items a store carries which refers to a product's size, flavor, or packaging that is used to attract a retailer's target market customer. | Supermarket |
| Category Management | Category | | A retailer that uses computer systems to management correct merchandise categories and assortments to maximize sales and profits. | Supermarket |
| Combination Store | Category | | The combination of a food and drug store. | Supermarket |
| Convenience Store | Category | | A retail outlet focused on high margin consumer staple goods that carries about 1,500 items. | Supermarket |
| Conventional Supermarket | Category | | A full-line, self-service retail store that sells dry groceries, perishable items, canned goods, and limited nonfood items. | Supermarket |
| Cross Docking | Category | | A manufacture's shipping process that consolidates smaller orders from stores into one delivery to a retailer's warehouse. | Supermarket |
| Cross Merchandising | Category | | A display of related products on the sales floor .(I.e. Hotdogs and buns, beer and pizza). | Supermarket |
| Electronic Data Interchange (EDI) | Category | | A computer network linking retailers with manufacturers. | Supermarket |
| End Cap | Category | | A merchandising display at the end of an aisle. | Supermarket |
| Front end | Category | | The designated area of a retail store for checkouts and bagging groceries. The front end normally includes sections for customer service, photo processing, convenience food stands, related services. | Supermarket |
| High Low Pricing | Category | | A marketing strategy by which a product maintains a high retail price but is frequently offered as an advertised special at a lower price. | Supermarket |
| Independent Supermarket | Category | | Ten or fewer supermarket stores operating under a single management. | Supermarket |
| Private Label Goods | Category | | A product line manufactured under contract for and distributed exclusively for a particular wholesaler and retailer. These goods tend to be lower priced than nationally branded goods. In addition, they are more profitable to carry and merchandise for a retailer. | Supermarket |
| Replenishment | Category | | The sales cycle in which retailers order goods from a manufacture, sell the goods, and then reorder the goods. | Supermarket |
| Shrinkage | Category | | Retailer losses due to accounting errors, misdirected shipments, spoilage, breakage, and theft. | Supermarket |
| Slotting Allowance | Category | | Manufacturers financial incentives to wholesalers and retailers to stock new products. | Supermarket |
| Stockkeeping Unit (SKU) | Category | | An individual product with a separate price code for every item in the store to distinguish it from other merchandise for inventory and accounting purposes. | Supermarket |
| Supercenter | Category | | A retail format that offers the merchandise mix of a discount store and a supermarket. Supercenters average about 170,000 square feet. | Supermarket |
| Superstore | Category | | A supermarket with an average size of more than 50,000 square feet. | Supermarket |
| Warehouse Club | Category | | A retail/wholesale hybrid with a limited variety of high volume, fast moving items that are sold in bulk form at a low price and low margin. | Supermarket |