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

Brand Refresh

When a brand improvises its existing image and communications while maintaining its core identity.

Incremental Revenue

Represents the additional profit generated by a business as a result of increased sales volume. It

Gross Margin

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