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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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Retail > Supermarkets

universal communication system

Retail; Supermarkets

A computer system that uses uniform communications standards to enable retailers, wholesalers, and suppliers to communicate.

management information services (MIS)

Retail; Supermarkets

A computer system, based on a mainframe or minicomputer, designed to provide managers with current information about a company's performance, e.g., inventory and sales.

dumb terminal

Retail; Supermarkets

A computer terminal, also called a video display terminal (VDT), that is linked to a remote processor.

host computer

Retail; Supermarkets

A computer's processor that each week sends new and sale items to scanning stores.

overstoring

Retail; Supermarkets

A concentration of too many retail stores that saturates a market and cuts into the profits of each store.

inventory loss

Retail; Supermarkets

A condition that occurs when there is less product on hand than should be; resulting in lower sales and shrink.

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