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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
Cost of goods sold (COGS)
Retail; Supermarkets
The cost paid by a company (including freight) for the goods it sells to its customers. COGS is computed by adding the cost of the inventory at the beginning of the period to the cost of goods ...
Interest expense
Retail; Supermarkets
The cost of borrowed money including all interest charges on short- or long-term debt and capital lease obligations.
Gateway
Retail; Supermarkets
The computer system used in a store to transmit orders and payroll to the Office/Distribution centre and receive price changes, PPUM Tags and delivery schedules from the Office/Distribution Center.
Solution selling
Retail; Supermarkets
The concept of grouping related products together in the supermarket in order to offer consumers a simplified shopping experience.
Guaranteed sale
Retail; Supermarkets
The agreement to return product if items do not sell within a certain time.
Space management
Retail; Supermarkets
The allocation of space for products, based on sales volume and product profitability.
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