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supermarket |
Also found in: Wikipedia, Hutchinson | 0.04 sec. |
supermarketLarge retail store operated on a self-service basis, selling groceries, produce, meat, bakery and dairy products, and sometimes nonfood goods. Supermarkets were first established in the U.S. during the 1930s as no-frills retail stores offering low prices. In the 1940s and '50s they became the major food marketing channel in the U.S.; the 1950s also saw them spread through much of Europe. Their growth is part of a trend in developed countries toward reducing cost and simplifying marketing. In the 1960s supermarkets began appearing in developing countries in the Middle East, Asia, and Latin America, where they appealed to individuals who had the necessary buying power and food storage facilities. supermarket a large self-service store retailing food and household supplies How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| 7 billion mortgage and mezzanine loan facility to the consortium of borrowers including Cerberus, Lubert-Adler, Shottenstein and Kimco who acquired the stock of Albertson's, the national supermarket chain. The objective of the company is to continue growing market share in order to strengthen our position as the biggest regional supermarket chain in the country," says SAIEP President Federico Braun. In 1999, Albertsons was forbidden by California's attorney general from buying another supermarket chain without state approval. |
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