3 Terms
Home > Industry/Domain > Retail > Supermarkets
Supermarkets
Terms that are in relation to the biggest kind of retail store.
Industry: Retail
Add a new termContributors 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.
