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.

Related Terms

Hyper Market

A large retail store that integrates both a department store and a grocery supermarket within a

Velocity Analysis

A method of analyzing sales data to identify products with high sales velocity. Velocity analysis helps