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Food Marketing Institute
Industry: Retail
Number of terms: 13685
Number of blossaries: 0
Company Profile:
A price list that includes wholesale/retail costs and advances.
Industry:Retail
A price calculated by taking a product's suggested retail price and subtracting a percentage.
Industry:Retail
A price calculated by adding the cost of a product to the cost of labor to repack the product. See split case.
Industry:Retail
A preprinted order book at a retail store.
Industry:Retail
A premium or prize given to a manufacturer's or wholesaler's marketing person for achieving benchmark sales.
Industry:Retail
A predetermined amount, deducted from the face of an invoice, earned for prompt payment. A sales promotion feature that is a markdown from the regular price for a limited time. A percentage deducted for volume purchases.
Industry:Retail
A possible rate of return on the next best use of dollars invested by a company.
Industry:Retail
A practice of receiving merchandise without systematically counting the product or checking the contents of cases, but rather trusting that the vendor and shipper have complied with the order. Spot counts are normally conducted in association with an honor system.
Industry:Retail
A practice of writing a new order even though an outstanding order has not been received.
Industry:Retail
A practice retailers use to order in advance to obtain special discounts and guarantee the delivery date, usually for seasonal and holiday products.
Industry:Retail