What is Hypermarket in Retail? Explained

A hypermarket is a large-scale retail store that combines the features of a supermarket and a department store. Offering a vast range of products, including groceries, apparel, electronics, household goods, and more, hypermarkets provide a one-stop shopping experience for consumers. These stores typically cover extensive floor areas, often exceeding 200,000 square feet. Hypermarkets focus on bulk sales, competitive pricing, and convenience, aiming to fulfill diverse consumer needs under one roof. Well-known hypermarket chains globally include Carrefour, Walmart, and Tesco.