Hyper Market

Hyper Market

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

Typically spacious establishments, hypermarkets offer a diverse range of products, including appliances, clothing, electronics, and groceries, all under one roof. The concept behind hypermarkets is to provide consumers with a convenient shopping experience, catering to various needs in a single visit. Renowned for their extensive selection and competitive pricing, hypermarkets like Walmart Supercenter, Fred Meyer, Meijer, and Kmart are prominent examples of this retail format. They aim to streamline shopping by offering a wide array of goods in a centralized location.

Related Terms

Category Buyer

The person is responsible for assisting the procurement manager and category team in implementing procurement and

Market Basket Analysis

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

Baseline Sales

Amount of organic sales for a product in a marketplace without any marketing effort.