Glossary

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Bin/Display Bin A large box in which products for sale are kept on the shop floor
Bricks and mortar store A shop that is in a building as opposed to an internet shopping site, a street market stall, party sales, van sales or door-to-door sales
Buying Power The ability to negotiate favorable terms due to the proposition of high volume purchases
Catchment (area) The area from where the majority of a shop's customers are located
Chain As in "chain stores". A chain is a group of stores operated under one organization or brand
Checkout The point where customers declare and pay for their goods
Combination Store A store that combines two or more specialist product areas
Co-operative An organization that is jointly owned and or managed by its members and is run for the mutual benefit of members
Co-op Co-operative
Concessionaire A store within a store
Courier Shipper
Dedicated (vehicle) Delivery A vehicle delivering to one location only
Delivery Consolidation Collating products in order to produce appropriate delivery batches
Distance Retailing Sales of goods between two distant parties where the deliverer has no direct interest in the transaction
Distributor Shipper
Downstream Distribution Forward movement of goods through the supply chain
Dress Code Rules on what clothes can and can't be worn
Dry Grocery Generally food that is not fresh
Finished Goods Generally products that are ready to be consumed
Franchise A trading entity such as a marketing tool or method, a product or group of products or simply a trade brand
Franchisee The party that sells goods and services within the framework of the franchise
Franchisor The party that established (manages) the franchise
Galvanized Metal Metal that is coated with an anti-corrosive material such as zinc
Garment Cover A protective cover for clothes, ranging from a simple polythene garment cover to a heavy duty zipped bag
Garment Processor The function that receives finished clothes and steams, folds, hangs or packs them, ready for sale
General Store A shop that sells a variety of goods including food
Gondola (fixture) A free standing display fixture where all sides are accessible to customers
Haulier Shipper
Hub Distribution Using a central location to collate and consolidate products prior to onward dispatch
Logistics The planning and execution of product distribution
Margin Profit
Merchandising The way that products are displayed in a shop
Multiple (store) Retail Chain
One-stop-shop Retail outlet that caters for virtually every need within a product or service group or across all products and services
Outlet Shop
Pallet A large flat board that is used to hold and move products
Pitch A plot of land used by street traders
As in sales pitch, the approach, emphasis and nuances used when articulating the virtues of a service or product
Polyester Synthetic polymer often used to coat household goods such as refrigerators
Polyhook Bag A bag that contains a small plastic hangar as an integral part of the top of the bag
Price War A colloquial phrase denoting aggressive price reductions on the same (or similar) products by competing retailers
Primary Packaging The immediate packaging around the finished product
Procurement Obtaining Goods
Product Offer Product's attributes, including price
Retail Chain A group of shops operated by the same organization
Reverse Logistics Reverse movement of goods through the supply chain
Sales Promotion A time-limited period when a product or group of products are given extra publicity and intense marketing
Secondary Packaging The container in which several finished packs would be distributed (and sometimes displayed in) 
Self-Service A store where customers can pick the goods directly from the display and take them to the checkout for payment
Shadow Box A cabinet display built into a wall
Spot Delivery A single one-off delivery
Staple Goods Products that are regularly purchased and are a necessity
Supply Chain The route that products take from their production through to their consumption
Tertiary Packaging The carrier for the secondary packaging
Transporter Shipper
Upper Garments Clothes worn on the upper part of the body
Upstream Distribution Reverse movement of goods through the supply chain
Volume The amount of stock being sold

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