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

Dollar

Refers to a retail outlet that specializes in selling a wide range of general merchandise and

Market Basket Analysis

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

Basket Size

The amount that a customer spends in a retail store in single transaction.