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Food Marketing Institute
Industry: Retail
Number of terms: 13685
Number of blossaries: 0
Company Profile:
An expense that is proportional to the amount of merchandise sold. Includes equipment and supplies used to price merchandise, as well as any special packages that customers need to take merchandise home.
Industry:Retail
An expiration date on a product that a consumer cannot read.
Industry:Retail
An extra display in a department in aisles or in spaces where fixed equipment will not fit, which makes merchandise more accessible.
Industry:Retail
An identity label assigned to a container making that container unique from any other container. Typically used for tracking unit loads, but may be used on cases and trailers.
Industry:Retail
An illegal practice among competitors of setting the same price for a product. Also known as price gouging.
Industry:Retail
An illegal practice of ringing coupons outside of an order and taking the money.
Industry:Retail
An imprecise term that means a grower did not use chemicals or that a processor did not use preservatives in a product.
Industry:Retail
An expense that does not change regardless of sales or productivity, such as insurance and rent.
Industry:Retail
An expense that does not directly relate to a specific segment of the business operation.
Industry:Retail
An exclusive contract between a manufacturer and a wholesaler or a retailer to distribute and sell products in a specific market.
Industry:Retail