Supermarkets

Supermarkets

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

Industry: Retail

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Supermarkets

Load strap

Retail; Supermarkets

A restraint in a cargo vehicle used to secure product during shipment.

Bagger

Retail; Supermarkets

A retail clerk or associate who bags customers' purchases at the checkstand.

Diverter

Retail; Supermarkets

A reseller that buys "deal" product from manufacturers to re-sell outside of a target market area.

Mandatory recycling

Retail; Supermarkets

A requirement by jurisdictions that residents dispose of used plastic, paper and aluminium in separate collection bins or centres in order to reduce the waste that goes to dumps or landfills.

Direct account

Retail; Supermarkets

A retailer who buys directly from a manufacturer and receives all manufacturer allowances.

Every day low price (EDLP)

Retail; Supermarkets

A retail pricing strategy in which the product prices are kept consistently low. See high-low pricing.

In-and-out promotion

Retail; Supermarkets

A retail promotion for a limited selling period that features product types or quantities not regularly stocked (e.g., lawn mowers, Christmas ornaments).