DEFINITION of 'Hypermarket'

A retail store that combines a department store and a grocery supermarket. Often a vary large establishment, hypermarkets offer a large variety of products such as appliances, clothing and groceries.

BREAKING DOWN 'Hypermarket'

Hypermarkets offer shoppers a one-stop shopping experience. The idea behind this big box store is to provide consumers with all the goods they require, under one roof. Some of the more popular hypermarkets include the Wal-Mart Supercenter, Fred Meyer and Super Kmart.

  1. Wide Variety

    A merchandising strategy in which a retailer stocks a large number ...
  2. Business Model

    The plan implemented by a company to generate revenue and make ...
  3. Brick And Mortar

    A traditional "street-side" business that deals with its customers ...
  4. Like-For-Like Sales

    A comparison of this year's sales to last year's sales in a particular ...
  5. Click And Mortar

    A type of business model that includes both online and offline ...
  6. Same-Store Sales

    A statistic used in retail industry analysis that compares the ...
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