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Supermarkets

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

Contributors in Supermarkets

Supermarkets

Voluntary wholesaler

Retail; Supermarkets

A wholesaler serving single or multi-unit retailers, often under a common programme name, providing buying and retailing services.

Rack jobber

Retail; Supermarkets

A wholesaler or vendor that orders and delivers product and services a non-food department in a food store on a contract basis, e.g., health and beauty care (HBC).

Buyer

Retail; Supermarkets

A wholesale or retail employee who analyzes, selects and buys an appropriate product mix in a category.

Vertical selling

Retail; Supermarkets

A wholesaler marketing policy of soliciting only one segment of the trade, e.g., restaurants, convenience stores, grocery stores, institutional buyers. See horizontal selling.

Base wrap

Retail; Supermarkets

A wrap at the base of a merchandising display to provide continuity or a decorative touch to displays.

Physical inventory

Retail; Supermarkets

A written accounting of salable stock on hand as of a specified date, valued at actual or replacement cost.

Job description

Retail; Supermarkets

A written statement communicating an employee's function within the workplace. It specifies the job duties or assignments for a position and the standards by which the employee will be judged.

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