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Food Marketing Institute
Industry: Retail
Number of terms: 13685
Number of blossaries: 0
Company Profile:
An additional shipping charge (rail or truck) for delivery of partial loads to several different locations.
Industry:Retail
An accounting term that refers to a profit figure calculated by subtracting the cost of product from its selling price; expressed as a percentage or as dollars and cents. See markup; margin; net profit; spread.
Industry:Retail
An accounting term that refers to the difference between retail selling price and the cost of goods sold, expressed as a dollar amount or as a percent of retail sales. Gross margin percentage is computed by dividing gross margin dollars by retail sales dollars. The terms "gross margin", "margins" and "gross profit" are often used synonymously.
Industry:Retail
An accounting method that measures business profits and costs by taking into account both overhead and the cost of wasteful or inefficient practices two items that are not considered in conventional accounting methods.
Industry:Retail
mix
A variety and size of products comprising the total assortment of products that a retailer offers for sale.
Industry:Retail
An accounting method used to finance the opening inventory of a new retail store. Product is leased to the operator and secured by the wholesaler's lien on daily cash receipts.
Industry:Retail
An accounting statement that itemizes revenues, expenses and profits of a department, store, division, company or other business unit. Also referred to as a P&L statement or income statement.
Industry:Retail
Advertising conveying a company's general image or philosophy as opposed to specific product information. Also known as image advertising.
Industry:Retail
Advertising designed to reach a certain group of people.
Industry:Retail
Advertising signs of many sizes used to attract customers to a display or a shelf location.
Industry:Retail