Hypermarket

Hypermarket is a vast shop, usually outside the center of town [Cambridge Dictionary].
A hypermarket is a retail store that combines a department store and a grocery supermarket. Often an immense establishment, hypermarkets offer various products such as appliances, clothing, and groceries. 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 most well-known hypermarkets include the Walmart Supercenter, Fred Meyer, Meijer, and Super Kmart. Big box retailers have the advantage of selling high volumes of merchandise, which in most cases affords them greater buying power than retailers selling goods in smaller quantities. This lets companies such as Walmart apply pricing pressure on vendors, potentially securing discounts on goods that their rivals cannot get from the vendors. This practice allows hypermarket companies to sell merchandise at lower rates than their competitors. The combination of a full supermarket with the wide variety of merchandise offerings found in department stores and other retailers can pose a highly competitive existential threat to local supermarkets and other retailers [Investopedia].

Sources:

Hypermarket. Investopedia. Retrieved from: https://www.investopedia.com/terms/h/hypermarket.asp

Hypermarket. Cambridge Dictionary. Retrieved from: https://dictionary.cambridge.org/dictionary/english/hypermarket