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In retail, sales per unit area is a standard and usually the primary measurement of store success. The unit of area is usually square metres in the metric system or square feet in U.S. customary units. Square feet are also widely used in retailing in the United Kingdom, but there are signs of a trend towards use of square meters.
Sales density is a measure of performance in retailing. It is the revenue generated for a given area of sales space, and is presented as a monetary value per square metre. The higher the figure, the more efficiently the floorspace is being used. [1] It is often quoted alongside other indicators such as like for like sales. [2]
Comparable-store sales are the standard metric to use in retail to compare companies' quarterly performance, but as The Motley Fool's own Buck Hartzell has pointed out, it's not always the best ...
BI-LO supermarket. A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections.Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market.
“In recent years, the trend has been to privatize alcohol sales, moving beer into grocery stores, often followed by wine and liquor,” Rickard said, noting that 42 states and Washington, D.C ...
Sales at clothing stores decreased 0.2%. Grocery store sales also declined 0.2%. Sales at miscellaneous retailers, which include florists and gift shops, dropped 3.5%, extending the prior month's ...
In January 1991, Waremart opened an 82,000-square-foot (7,600-square-meter) store in Boise to replace the two older Boise stores. [14] At the time, Waremart was operating 16 stores in the Northwest and had reported annual sales of more than $300 million.
Same-store sales growth was down 1.1%, less than the 2.7% decline anticipated. ... to support market share gains and to aid in longer-term growth in sales per square foot," he wrote to clients ...