10 Terms
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Supermarkets
Terms that are in relation to the biggest kind of retail store.
Industry: Retail
Add a new termContributors in Supermarkets
Supermarkets
reduced product
Retail; Supermarkets
An item reduced in price for quick sale that must be sold by the indicated date or properly discarded.
loss leader
Retail; Supermarkets
An item sold with little, if any, markup, or at a loss, to attract shoppers. See giveaway.
on sale items
Retail; Supermarkets
An item that is temporarily reduced in price, advertised or not advertised, and marked by in-store signs.
first in, first out (FIFO)
Retail; Supermarkets
An inventory rotation system to sell older products before newer products.
cycle count
Retail; Supermarkets
An inventory verification procedure performed at regular intervals at certain store aisles or sections.
