Supermarkets

Supermarkets

Terms that are in relation to the biggest kind of retail store.

Industry: Retail

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Supermarkets

cost-plus

Retail; Supermarkets

A method of pricing where merchandise is billed at cost, with a percentage mark-up, or dollar charge, added for services rendered.

smart card

Retail; Supermarkets

A micro-chipped stored-value card that can be used to purchase goods and services and is reloadable.

microbe

Retail; Supermarkets

A microorganism that can cause disease. Bacteria, molds and yeast that can grow on various food and equipment surfaces; the main cause of discoloration in meat and food poisoning.

grocery wholesaler

Retail; Supermarkets

A middleman who buys food and supplies from manufacturers to resell them in smaller quantities to retailers; cooperatives and voluntaries are the two major types.

minimum order requirement

Retail; Supermarkets

A minimum quantity, set by a manufacturer or supplier, for a retailer or wholesaler to order at a time to qualify for a certain price or discount.

bin

Retail; Supermarkets

A merchandising container for bulk product display. See warehouse slot.

controlled brand

Retail; Supermarkets

A merchandise brand distributed by wholesalers, retailers or groups of stores that do not compete with each other. See franchised label; private label.