A membership retail/wholesale hybrid with a varied selection and limited variety of products presented in a warehouse-type environment. These approximately 120,000 square-foot stores have 60% to 70% GM/HBC and a grocery line dedicated to large sizes and bulk sales. Memberships include both business accounts and consumer groups, e.g., Sam’s Club, Costco, and BJ’s.
Introduced to the grocery industry in 1973, the UPC is a machine-readable symbol printed on or applied as a label to consumer packaging for scanning at the retail point of sale to facilitate check-out and enable associated IT processes.
Stores offering a full line of groceries, meat, and produce with at least $2 million in annual sales and up to 15% of their sales in GM/HBC. These stores typically carry anywhere from 15,000 to 60,000 SKUs (depending on the size of the store), and may offer a service deli, a service bakery, and/or a pharmacy.
(TPR) are either directly or indirectly lower the price per unit of a product. Examples include “cents off” promotions, where manufacturers or retailers temporarily reduce the price of a product, and Bonus Pack promotions which offer extra product for free. A price discount of short duration. Usually funded with brand trade promotion dollars.
A hybrid of a large Traditional Supermarket and a Mass Merchandiser. Supercenters offer a wide variety of food, as well as non-food merchandise. These stores average more than 170,000 square feet and typically devote as much as 40% of the space to grocery items, e.g., Walmart Supercenters, Super Target, Meijer, and The Kroger Marketplace stores.
A high-volume hybrid of a large Traditional Supermarket and a Warehouse store. Super Warehouse stores typically offer a full range of service departments, quality perishables, and reduced prices, e.g., Cub Foods, Food 4 Less,and Smart & Final.
Choosing to give more business to one store than a competing store. The level of loyalty is often calculated using total spending level per store compared to other shoppers, frequency of store visits, or size of basket.