Copy of `Food Marketing Insitute - Glossary of Terms`
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Food Marketing Insitute - Glossary of Terms
Category: Agriculture and Industry
Date & country: 13/09/2007, USA Words: 1737
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store supervisorAn operations manager responsible for conditions, safety, product levels and cash handling procedures for several retail stores; a district manager.
store suppliesMaterials and merchandise needed to conduct daily business by a retailer, i.e., grocery bags, brooms and mops.
store trafficA customer count recorded by hour, day, week, month or holiday. See traffic.
store-door deliverySee direct store delivery.
store-door marginA product's gross profit after deducting expenses, e.g., storage costs, delivery cost
store-specific palletA combination of different items on a pallet shipped to a store.
storewide promotionA thematic merchandising and promotional program with all retail departments within a store participating.
straight loadMerchandise delivered to retail stores in trucks carrying only one product group.
street moneyMonies available for specific performance, conditions or purchases. Usually from a supplier or salesperson rather than directly from a manufacturer.
strip displayA horizontal shelf arrangement of like products.
subprimal cutsUntrimmed, boneless cuts of meat, primarily beef.
suggested retail priceA manufacturer's recommended price for a product.
suggestive sellingA marketing technique in which retail employees recommend tie-in or complementary products, e.g., cake and coffee, deli ham and cheese.
super comboAn upscale grocery store with 80,000 to150,000 square feet, a full line of service departments and weekly sales of approximately $900,000. The store carries a wide variety of items, 60,000 or more, with at least 20 percent of sales attributed to general merchandise and health and beauty care products.
super warehouse storeA warehouse store with a focus on low prices and a wide variety of perishable items, i.e., produce, deli, and bakery departments.
supermarketA conventional grocery store, but not a warehouse club or mass merchant, with annual sales of two million dollars or more per store.
Supermarket BusinessA monthly periodical for the food store industry published by Fieldmark Media
Supermarket NewsA weekly newspaper for the food store industry published by Capital Cities Media, Inc.
superstoreA large conventional supermarket with expanded service deli, bakery, seafood and non-food sections.
supervisorA manager designated to supervise a certain area or number of stores.
supplemental displayAn extra display in a department in aisles or in spaces where fixed equipment will not fit, which makes merchandise more accessible.
supplierA generic term for wholesalers who sell to and supply retailers directly and indirectly, e.g., manufacturer, vendor, broker, reseller.
supplyThe quantity of merchandise in stock at a store or a warehouse.
supply centerThe specific location in each department where supplies are kept.
supply chainThe process of fulfillment and movement of goods from producer or grower to consumer.
supply depotA warehouse operated by a chain or a wholesale grocer that sponsors a voluntary group.
support officeA corporate office with accounting, accounts payable and receivable and advertising departments and other administrative support staff.
surprise buyUsually 15 to 25 popular items featured at unusually low prices, found throughout the entire store.
survey letterA notice from a wholesaler's or chain's headquarters to stores soliciting support and orders for an upcoming special promotion, so the buyer has a basis for determining an order for promotional items.
survey orderAn order from retail stores, usually for new items or deal items, previously authorized by an account's headquarters. Also, potential orders at retail stores for an item before a manufacturer's salesperson or broker presents it at the headquarters of a chain or wholesaler. See future order.
sweepstakes-contestA promotional contest for consumers, which features a chance to win prizes.
sweetheartingA form of theft, whereby a cashier gives illegal discounts to employees, friends, and/or customers.
swell allowanceA manufacturer's refund or invoice deduction to cover the costs of spoiled, processed foods, products packed in glass or dented cans. See breakage allowance; swells.
swellsUnsalable items with expanded containers or lids signifying faulty food handling, processing or sealing. See swell allowance; bloating.
swipe readerA credit card or ATM card reader for cash register systems at the checkout counter.
syndicated dataInformation gathered by a service or company for public release and sold by subscription.
TATrading area.
TABTabulation. Usually refers to research data.
table allowanceA manufacturer 's allowance to a retailer to display or highlight a product on supplemental tables, such as bottled catsup. Also called a Table Display Allowance (TDA).
table displayA type of supplemental display used to highlight seasonal or featured products, placed in a store's aisles to increase display space.
tabloidA small format newspaper that reports the news in a condensed form.
tagA message delivered live by an announcer at the end of a TV or radio commercial, usually to mention local stores that sell an advertised item.
taggingA price or informational sign that highlights an item.
takeA retail store's daily receipts, e.g., cash, checks, credit cards.
tapeA register receipt given to a customer detailing the transaction, products, retail prices, coupons and payment.
tareThe weight of the packaging subtracted from the weight of the product, so the customer doesn't pay for the container. The allowance for perishable shrinkage between the weight marked on the item when packed and the actual weight when sold.
tear-off padPrinted promotional materials that are bound into a pad and displayed next to a product or at the checkout.
tear-stripA tape inserted into a package or case for easy opening.
tegiquatA anti-germicidal cleaner that kills bacteria, cleans and deodorizes.
telemarketingMarketing by telephone to solicit customers in order to sell goods and services.
telephone sales repA salesperson at a wholesale operation who takes telephone orders for merchandise and also contacts customers to alert them to upcoming promotions, new items and other services. Sometimes called an inside sales rep.
telxonA combination of a portable electronic terminal and a wand. The wand reads the shelf ticket and identifies the product. Each pass of the wand (left to right) orders one case. If more than 3 cases are needed, a pass (right to left) is made and the quantity is punched into a terminal, which records orders electronically.
temporarily out (TO)A manufacturer's identifier on an invoice when a product is out-of-stock, not delivered and not billed. The retailer needs to re-order the product on the next order.
temporary allowanceA manufacturer's price reduction to increase sales volume of a product for a specific time period.
temporary price reduction (TPR)A short-term price reduction to increase sales of a product for a specific time period.
terg-o-cideA degreaser used to clean equipment.
terminalA computer or cash register display.
test marketA market area representative of the average national demographics and buying patterns, which is chosen to test new products, promotions and to forecast sales. See trading area.
test storeA retail store used to test a product to determine buying and merchandising practices. See pilot store, storewide promotion.
third partyAn independent organization that offers a service that links a supplier and a distributor in some way. The term can apply to providers of EDI, warehousing or logistics services.
third party reconciliationA process of balancing insurance claims paid versus claims due from a third-party company.
throughputThe products received, stored and shipped by a distribution center.
ticket price (ticket)A product's retail price.
tie and highThe width and height of freight on pallets and warehouse storage racks. 'Tie' refers to the number of dimensions of each tier (layer) of standard pack product while 'High' means the total physical height of one or more 'Ties' making up the unit load.
tie-in adA retailer's advertisements used to meet the promotional requirements of a manufacturer.
tie-in itemsSee related items.
tie-in merchandiseA multi-product display method in which a high-impulse item is linked to a staple or featured item.
tie-in promotionA promotion in which two products are displayed together and one item is given away or sold at a lower price with the purchase of the other.
tie-in salesA retailer's promotion of a product to meet manufacturer requirements during a specified time period.
time and attendance systemsAn electronic system used to plan, monitor and report employees' work hours.
time clockAn instrument that records the time an associate begins and ends work. The time is usually displayed on a time card or electronic monitor. Used to calculate hourly wages or weekly wages for hours worked.
time lagThe time between the introduction of a new product and its availability in a retail store.
timetableThe delivery schedule and requirements for a new product promotion.
TOFCTrailer on flat car.
toiletries merchandiserA health and beauty care (HBC) rack jobber.
tonnage itemsLow-gross profit items that have a high turnover rate. See selective selling.
tonnage throughputThe number of tons of merchandise passing through a distribution center per labor hours for all workers in the center.
total distributionA standardized process where marketing practices are coordinated to eliminate inefficiency and reduce cost.
total order lead-timeSee order lead time.
total taxes on incomeThe federal and state taxes based on net income imposed on supermarket companies.
toteA plastic container, usually used to ship merchandise such as HBC items.
touch screenA computer screen with sensors that respond to touch.
TPRTemporary price reduction.
tradeAn industry term for the grocery industry which includes wholesalers, retailers, food brokers, vendors and associations.
trade advertisingA manufacturer's advertisement directed toward the retailers or wholesalers who sell their products.
trade advisory boardRetailers invited to serve on an advisory board by manufacturers to discuss industry-related issues, solve problems, and provide input.
trade associationA nonprofit group that serves the information needs of a particular industry and represents its mutual interests, e.g., education, legislation, media relations.
trade dealSee deal.
trade discountAn off-invoice cash discount from a list or suggested resale price
trade letterA manufacturer's notice describing a promotion, new products, contests, deals, etc. and the policies and procedures for implementation.
trade marginSee margin.
trade nameA product's brand name.
trade promotionA special manufacturer's offer made to retailers, such as allowances for advertising and/or merchandising.
trading areaA population center or metropolitan area with similar demographics, buying patterns and expectations. See distributing area.
trading stampsStamps given at checkout to encourage customer loyalty. Redeemable for cash or products.
trafficIn retailing
traffic builderA product offered below retail price to attract customers.
traffic flowThe shopping pattern designed for a retail store or department.
traffic patternThe shopping path customers take through a store or department.
trailerA mail-in incentive attached to a product to increase the sales of a slow-selling product in an otherwise fast-moving category.