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Retail

Related to the sale of commercial goods from a fixed location for direct use by the consumer.

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Contributors in Retail

Retail > Supermarkets

standard operating procedures

Retail; Supermarkets

A comprehensive book of a company's policies and procedures. Also called SOP.

combo store

Retail; Supermarkets

A complete, full-line self-service market at least 30,000 square feet or larger with annual sales of at least 10 million dollars, 40 percent of which is non foods.

profit sharing

Retail; Supermarkets

A company's incentive program whereby employees share a percentage of net profits.

cannibalization

Retail; Supermarkets

A competitive factor that reduces a product's sales, such as the debut of a competing brand.

footballing

Retail; Supermarkets

A competitive strategy to rapidly increase sales volume by sharply cutting prices.

data warehousing

Retail; Supermarkets

A compilation of data from a variety of sources for storage and easy retrieval.

wholesale distributor

Retail; Supermarkets

A company that stores, delivers, and sells specialty products to a retailer, e.g., candy, tobacco. Also known as a Candy and Tobacco Jobber.

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