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Supermarkets

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

Contributors in Supermarkets

Supermarkets

Turnover buying

Retail; Supermarkets

The purchasing practise of maintaining a minimum stock of products in order to increase return on capital invested. See speculation.

Speculation

Retail; Supermarkets

The purchasing practise of maintaining a minimum stock of products in order to increase return on capital invested. See speculation.

Competitive price

Retail; Supermarkets

The price that the same branded product is offered for sale by a competitive distributor. Also, the wholesale or retail price at which a product is sold when conforming to margins within the trade.

Blend/mix

Retail; Supermarkets

The pricing of a defined section to achieve an overall profit percentage based on movement, unit profit and total sales of a section.

Scaling

Retail; Supermarkets

The pricing of merchandise on the basis of weight and retail price.

Projections

Retail; Supermarkets

The process of determining what and how much product will be sold at what price during a predetermined time period.

Supply chain

Retail; Supermarkets

The process of fulfilment and movement of goods from producer or grower to consumer.

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