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Supermarkets

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

Contributors in Supermarkets

Supermarkets

Cherry picker

Retail; Supermarkets

A customer who shops at several supermarkets to find low-priced specials and promotions.

Semi-liquidators

Retail; Supermarkets

A customer's premium whose cost is only partially recovered by a manufacturer or retailer.

Backup

Retail; Supermarkets

A copy of current computer files saved to a computer disc or magnetic tape in case of a computer system failure.

Standard operating procedures

Retail; Supermarkets

A comprehensive book of a company's policies and procedures. Also called SOP.

Combo store

Retail; Supermarkets

A complete, full-line self-service market at least 30,000 square feet or larger with annual sales of at least 10 million dollars, 40 percent of which is non foods.

Profit sharing

Retail; Supermarkets

A company's incentive programme whereby employees share a percentage of net profits.

Cannibalization

Retail; Supermarkets

A competitive factor that reduces a product's sales, such as the debut of a competing brand.

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