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Food for Thought:
A Grocery Glossary
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Business New Haven
11/16/1998
By: BNH
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Grocery store: Any retail store that sells a line of dry grocery, canned goods or non-food items plus some perishable items.
Supermarket: A full-line, self-service grocery store with annual sales of $2 million or more.
Convenience store: Any compact, drive-to store that offers a limited inventory of high-convenience items. More than half also sell gasoline and some kind of fast food. Many are open 24 hours.
Independent: An operator of up to ten retail stores.
Chain: An operator of 11 or more retail stores.
Supercenters: A large food/drug store and mass merchandiser under one roof. Store offers a wide variety of food and non-food merchandise and averages more than 150,000 square feet. Typically, 40 percent of space is devoted to grocery items.
Warehouse store: Store than carries more than 1,500 items, primarily dry grocery, with some perishables. These stores tend to downplay frills and concentrate on price appeal.
Superstore: A supermarket with at least 30,000 square feet, doing $12 million or more annually in sales with special sections for non-food items and other specialty sections like pharmacies and bank branches.
Wholesale club: A membership retail/wholesale hybrid with varied selections and a limited variety of products in a warehouse atmosphere. These stores have 90,000 or more square feet and devote 60 to 70 percent of floor space to general merchandise and offer groceries in large or bulk sizes.
Source: Progressive Grocer's 1996 Marketing Guidebook and Competitive Edge.
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