supermarket

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supermarket

a RETAILER which typically sells a wide range of products on a self-service basis. Supermarkets may be under single-shop ownership or run as multiple CHAIN-STORE businesses. The bigger supermarket chains are able to achieve significant economies in distribution both on a group basis by being able to obtain favourable price discounts from manufacturers by BULK BUYING, and at the individual store level by the use of capital-intensive methods of retailing (see EPOS). Initially, supermarkets appeared mainly in the grocery trade, but groups there have moved into a variety of non-food lines (hardware, television and radio, paint, etc.). Similar supermarket-type operations have been established for most mass-retailed products.

Hypermarkets or superstores are an extended form of supermarket, usually located on the outskirts of towns and cities where space is plentiful.

Supermarkets compete mainly by offering consumers highly competitive prices on manufacturers' prepacked branded products. However, as part of their MARKETING-MIX policies, emphasis is also placed on product range (including the provision of fresh foods – bread, cheeses, meat, etc.) and various ancillary facilities – cafeteria or restaurant, petrol station etc. The most significant development, however, has been the introduction of OWN-LABEL BRANDS selling under the retailer's own name in direct competition to manufacturers'brands. See DISTRIBUTION CHANNEL.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

supermarket

a large self-service RETAIL OUTLET. Supermarkets may be under single-shop ownership or run as a multiple CHAIN-STORE business. The larger supermarket chains are able to effect major economies in distribution, both on a group basis, by being able to obtain favourable discounts and concessions from manufacturers by BULK-BUYING, and at the individual store level by the use of capital intensive methods of retailing (see EPOS). A significant development has been the introduction of OWN-BRAND LABELS selling under the supermarket's own name in direct competition with manufacturers’ brands.

Hypermarkets are an extended form of supermarket, usually located on the outskirts of towns and cities where space is plentiful. See RETAILER, DISTRIBUTION CHANNEL.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Supermart.ae allows user to pay via card or cash on delivery-- which is comforting for users who don't like entering their details online.
Citing the cases of Supermart.ng which focuses on delivering groceries to households within three hours across Lagos and other brands focusing air travel or hospitality, Afaedor emphasized the need for more e-commerce websites to come into the market and focus on a particular need.
Course and distance winner Touchez Le Bois, who seems well suited by some give in the ground, can take the Scottish Supermart Handicap (7.30), and his trainer Mark Johnston can also be on the mark at Sandown with Spirit Of Love in the Surrey Racing Handicap (6.40), the three-year-old making a quick reappearance after his convincing success at Ascot on Saturday.
Whether it is an interest-paying savings account, credit card, personal loan, PEP or life insurance policy, it now pays to shop around the supermart as well as in the money mart.
These include a new restaurant/office building, the renovation of a Mike's Supermart to become a Shopper's Drug Mart, two new public schools and a new high school.
The new generation of baby boomers, their children and grand children, became the instant patrons of the toy champion, which was actually an offshoot of the 'Children's Supermart' founded by Charles Lazarus in 1948.
Santi's ran out of it as early as three weeks before Holy Week and other possible sources like S and R and Makati Supermart had no stock to sell.
As for Welcome Supermart's Steven Cua, communication is vital to success.
Gingrich decided that the last word in the title of Mailer's JFK essay should be "Supermart," not "Supermarket," and made the change before publication.
It is also available on supermart shelves in many easyto- use formulae that can pack a punch into your meals in a jiffy.
It was followed by another explosion at Jerys Supermart that killed two people injured four others.