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- A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections1. It is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market1. Supermarkets have the following characteristics23:
- Operates on self-service basis
- Prices are comparatively lower
- Credits are not extended to customers
- Offers large varieties of goods
- The profit margin is lower
- Customer service is minimum
- Sales are not compelled
- Neat display of goods is quite attractive
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market.en.wikipedia.org/wiki/SupermarketA supermarket has the following characteristics:
- 1. It operates on self service basis.
- 2. Prices are comparatively lower.
- 3. Credits are not extended to customers.
- 4. It offers large varieties of goods.
- 5. The profit margin is lower.
accountlearning.com/supermarkets-meaning-featur…Characteristics of a supermarket:
- A conventional supermarket requires a large floor area, generally on a single floor.
- In general, a supermarket is located near a residential area, and provides the customers with sufficient parking area.
www.valuewalk.com/supermarkets-popularity-stren…Supermarkets are generally situated at the main shopping centres. The goods kept on racks with clearly labelled prices and quality tags in such stores. The customers move into the store to pick up goods of their requirements, bring them to the cash counter, make payment,s and take home delivery.www.shaalaa.com/question-bank-solutions/explain … - People also ask
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A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In … See more
Beginning in the 1990s, the food sector in developing countries has rapidly transformed, particularly in Latin America, South-East Asia, India, China and South Africa. With growth, … See more
U.S. categorization
The U.S. FMI food industry association, drawing on research by Willard Bishop, defines the following formats (store types) that sell groceries: See moreLarger supermarkets in North America and in Europe typically sell many items among many brands, sizes and varieties. U.S. publisher … See more
The large scale of supermarkets, while often improving cost and efficiency for customers, can place significant economic pressure on suppliers and smaller shopkeepers. Supermarkets often generate considerable food waste, although modern … See more
Wikipedia text under CC-BY-SA license 10 points in grocery store history that transformed how we shop
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