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Supermarkets

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

Contributors in Supermarkets

Supermarkets

Shipping unit

Retail; Supermarkets

The amount, size and style of product in its original case.

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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