Club

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of bulk-sized grocery products, and general merchandise at reduced prices in a no-frills, warehouse-like setting.

Customers can fulfill most of their weekly shopping needs in one visit, benefiting from the economies of scale.

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Advertising Allowance

Also referred to as marketing co-op allowance or promotional allowance, it is the dollar amount that

Market Basket Analysis

A data mining tool used to identify patterns of items frequently purchased together by analyzing transaction

Unplanned Out-of-Stocks

Instances where a product is unexpectedly unavailable for purchase, often resulting in lost sales and dissatisfied