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Industry Glossary
Data Dictionary Services
Industry Glossaries:
 
Supermarket
                 
 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.

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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.

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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.

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Supermarket