Remember the generic brands stores like Pathmark used to sell? A white label with black letters boldly announcing the product inside? Those store brand products are known as “private label” inside the industry, or sometimes a “control brand.” Years ago, private label products were a simple way to provide very […]
Read more“Sell by,” “enjoy by,” “use by,” and so on. The dates listed after these phrases are date codes — or just codes, in shorthand. If you hear a store employee say, “That item is out of code,” the item has expired and needs to be removed from the shelf. Perishable […]
Read moreAround the industry, the term ACV is used frequently and is often used as a shorthand that can lead to some confusion about what it really means. Literally speaking, it stands for All Commodity Volume. In more direct language, it’s a retailer’s total revenue. When used in conversation in the […]
Read moreAt the suggestion of the wonderfully wordy Erin McKean from Wordnik, I’m going to feature an industry term or word each week on Wednesdays. Necker: A printed coupon with a hole in it that is hangs on the neck of a bottle, also known as a bottle hanger. These coupons […]
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