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Food Marketing Institute
Industry: Retail
Number of terms: 13685
Number of blossaries: 0
Company Profile:
Merchandise destined for ultimate use by persons or households without further commercial processing.
Industry:Retail
Low-gross profit items that have a high turnover rate. See selective selling.
Industry:Retail
Lowering the price of merchandise to a minimal markup over the wholesale price.
Industry:Retail
Loading a truck or other transportation vehicle with merchandise in order to fill as much of the horizontal and vertical space as possible.
Industry:Retail
Lobsters in the process of growing a new hard shell, enabling them to grow larger.
Industry:Retail
Locating general merchandise products (GM) in a well-defined area of a store rather than in aisles next to or across from food products.
Industry:Retail
Loose, unpackaged, fresh produce that customers select themselves.
Industry:Retail
Low-calorie foods for special diets, such as salt-free, low-sugar, including dietetic soft drinks, organic and health foods.
Industry:Retail
Liquid crystal display (LCD) shelf tags linked to a backroom computer and POS system that automatically display price changes.
Industry:Retail
cut
Items that are ordered, but not delivered because the warehouse is out of stock. These items should be re-ordered. Also called a product cut. See scratch.
Industry:Retail
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