Supermarkets

Supermarkets

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

Industry: Retail

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Supermarkets

stop-off charge

Retail; Supermarkets

An additional shipping charge (rail or truck) for delivery of partial loads to several different locations.

gross profit

Retail; Supermarkets

An accounting term that refers to a profit figure calculated by subtracting the cost of product from its selling price; expressed as a percentage or as dollars and cents. See markup; margin; net ...

gross margin

Retail; Supermarkets

An accounting term that refers to the difference between retail selling price and the cost of goods sold, expressed as a dollar amount or as a percent of retail sales. Gross margin percentage is ...

An accounting method that measures business profits and costs by taking into account both overhead and the cost of wasteful or inefficient practices two items that are not considered in conventional ...

mix

Retail; Supermarkets

A variety and size of products comprising the total assortment of products that a retailer offers for sale.

leased inventory

Retail; Supermarkets

An accounting method used to finance the opening inventory of a new retail store. Product is leased to the operator and secured by the wholesaler's lien on daily cash receipts.

operating statement

Retail; Supermarkets

An accounting statement that itemizes revenues, expenses and profits of a department, store, division, company or other business unit. Also referred to as a P&L statement or income statement.