What is meant by hypermarket and supermarket?

Summary of Hypermarkets and Supermarkets A hypermarket is a large retail outlet that sells large number and variety of goods under one roof at a discounted rates while a supermarket is an extensive shopping where customers purchase different products under one roof at market rates.

What is the difference between hypermarket and department store?

Departmental stores do not store appliances, electronics, etc. Hypermarkets are massive while supermarkets are big. Hypermarkets are way huger than departmental stores. Departmental stores are not a part of large chains, unlike supermarkets and hypermarkets.

What is the meaning of super market?

a large retail market that sells food and other household goods and that is usually operated on a self-service basis. any business or company offering an unusually wide range of goods or services: a financial supermarket that sells stocks, bonds, insurance, and real estate.

What is a hypermarket example?

A hypermarket is a retail store that combines a department store and a grocery supermarket. Some of the most well-known hypermarkets include the Walmart Supercenter, Fred Meyer, Meijer, and Super Kmart.

What are the advantages of hypermarket?

The main advantage of hypermarkets is the price of products which customers can buy. (2) In big and overcrowded cities, it is very difficult to find spacious premises in important markets at economical rates. (1) It is one of the large scale retail organisation and requires huge capital to carry its business.

What are the features of a hypermarket?

Features of a Hypermarket

• Deal in different lines/variety of goods.
• Good access roads.
• Located in the outskirts of town.
• Usually located out of towns.
• Open upto late hours on all days.
• Provide parking space for cars.
• Operate under one roof though owned by different people.

What is the function of super market?

supermarket, large retail store operated on a self-service basis, selling groceries, fresh produce, meat, bakery and dairy products, and sometimes an assortment of nonfood goods.

Is Shoprite a supermarket?

Shoprite Holdings Ltd comprises the following entities: the Shoprite Checkers supermarket group, which consists of 380 Shoprite supermarkets; 132 Checkers supermarkets; 24 Checkers Hypers; 148 Usave stores; 20 distribution centres supplying group stores with groceries, non-foods and perishable lines; 199 OK Furniture …

Which is the biggest hypermarket in India?

Reliance Retail is the biggest supermarket chain in India in terms of revenues as well as footprints.

Which is the largest hypermarket in the world?

The largest hypermarket chains are E-Mart (Shinsegae Group), Lotte Mart (Lotte) and Homeplus.

What are the disadvantages of hypermarket?

Some of the important disadvantages of Supermarkets may be explained as under:

• Need for Huge Amount of Capital.
• Problem of Required Space.
• Difficult for Customers in Making Selections.
• Not Suitable for the Sales of Goods of Technical Nature.
• Possibility of Spoil of Perishable Goods.
• Lake of the Facility of Credit.

What is the meaning of supermarket?

A supermarket can be described as a large shopping centre which operates on a self-service concept, wherein there is a complete line of food products, groceries and household items. A supermarket is often contrasted with a hypermarket, but there is a subtle difference between the two in the sense that a hypermarket is a very big self-service

What is the difference between supermarket and hypermarket decorations?

On the other hand, a hypermarket looks like a warehouse and doesn’t have that glamor to it. A supermarket decoration is obviously better than a hypermarket. If you look around, you will see plenty of supermarkets and hypermarkets around you.

What is hyper hypermarket?

Hypermarket is a giant supermarket cum departmental store which often looks like a warehouse with large aisles and offers a wide variety of food and non-food items for sale at a relatively low price. It lets the customer fulfil all their shopping needs at a single stop.

What is the difference between a departmental store and a supermarket?

Here are the major differences between a departmental store and a supermarket. When it comes to departmental stores, they are big retails shops that sell various kinds of items belonging to different departments. On the contrary, a supermarket is a big self-service retail market that offers food items and household goods.