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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:âś•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
Supermarkets: Meaning, Characteristics, Advantages and …
(i) They are located in the main shopping centres of an area with adequate parking facilities. (ii) They function on cash-and-carry lines and offer no credit. (iii) There are no selling counters or selling assistants to help the customers. (iv) They stock a very wide range of food and non-food products, particularly … See more
(i) Large turnover because of the large variety of merchandise which is offered to the customers. (ii) Low overheads, particularly selling overheads. (iii) Low … See more
(i) A super market requires large and extensive premises for its operation. (ii) Products requiring demonstration by salesmen cannot be stocked. See more
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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 everyday United States usage, however, "grocery store" is often used to mean "superm…
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