Grocery

Grocery

A retail establishment primarily focused on selling a broad assortment of food products, encompassing items such as fruits, vegetables, meats, poultry, and both canned and frozen foods.

Synonymous with supermarkets and food stores, grocery stores serve as essential destinations for consumers to purchase everyday food essentials. These stores typically offer a wide variety of products to meet diverse dietary preferences and household needs. With a focus on providing fresh, packaged, and perishable goods, grocery stores play a central role in fulfilling consumers’ nutritional requirements and culinary preferences.

Related Terms

Bulk Stacking

Optimal way to story inventory in a vertical manner when there is large quantities or excess

High-Low Pricing

A strategy where a company sets an initial high price for a product and later reduces

Gross Margin

The difference between the revenue generated from sales and the cost of goods sold, expressed as