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Supermarkets
Terms that are in relation to the biggest kind of retail store.
Industry: Retail
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Supermarkets
Automated clearinghouse (ACH)
Retail; Supermarkets
A company that electronically transfers monies between financial institutions. See ACH card.
Packer
Retail; Supermarkets
A company that processes foods for consumption by customers, e.g., meat, poultry, fruits, vegetables.
Value added network (VAN)
Retail; Supermarkets
A company that acts as a clearinghouse for electronic transactions between trading partners.
Authorization slip or authorization letter
Retail; Supermarkets
A company form or letter that allows a broker or manufacturer's representative to call on a store manager or owner.
Roto
Retail; Supermarkets
A colorful; circular that advertises a retailer's featured sale items, included inside a newspaper or delivered directly to homes.
Margin blending
Retail; Supermarkets
A combination of higher- and lower-margin products to achieve an overall margin figure.
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