BusinessAugust 18, 2026
hypermarkets
HY-per-mar-kits
Definition
Large retail stores that combine a supermarket and a department store under one roof, typically offering a wide range of groceries and general merchandise.
Etymology
The term is a blend of 'hyper-' (meaning over or beyond) and 'market', first appearing in the 1960s to describe massive, one-stop shopping facilities.
In the news
The article mentions that Loblaw operates a broad network in Canada ranging from hypermarkets to smaller community stores to reach a diverse consumer base.
BTS-collaborated food brand ARIH expands into Japan, Canada
Read the full article ↗The Korea Herald