Retail vocabulary pdf

# Retail vocabulary pdf
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This department store or grocery store helps drive foot traffic, making it a great neighbor for smaller retailers Explorecommon retail terms every retailer should know, from merchandising and advertising, in our comprehensive guide Retail Terminologies Action Alley: The sales area of a store located immediately after entering. Retailing is all the business activities involved in planning and procuring goods and services from vendors and pricing, positioning, presenting, Retail Terms and Acronym Guide Averag e I n ven to ry Co st: Average i nvent ory cost i s f ound by addi ng t he begi nni ng cost of i nvent ory f or each mont h pl us t he endi ng cost i nvent ory of t he l ast mont h i n t he peri od. Ad Slick: Ad slicks refer to the final, camera-ready advertisement. A detailed outline of a store’s plan of spending on merchandise, operation, expenses, and sales promotion. I f cal cul at i ng f or a season, di vi de by seven L SHOPPING VOCABULARY People Customer Cashier clerk Attendant assistant Manager Shopping Wallet (male) Purse (female) Scale Till Counter Barcode Receipt Gift receipt Aisle Shelf shelves Trolley s Basket s Lift s Escalator s Bag s Fitting rooms changing rooms Ways to Pay Cheques Fulfillment. Anchor Store: A major retail store used to drive business to smaller retailers that physically surround it. CAC: Customer Acquisition Cost. It gets its name from the glossy paper on which it is printed. An anchor store is one of the largest — if not the largest — retail stores in a shopping center or mall. Retail. Sales. This is your total Sales and A storefront or shopfront is the facade or entryway of a retail store located on the ground floor or street level of a commercial building, typically including one or more display Chain Store: One of a number of retail stores under the same ownership and dealing in the same merchandise. Inventory. These larger From A to Z, get everything you need to know about industry terms and concepts Retailing Terminology. Retail definitions you should knowAnchor store. Comp Sales: Comparable-store sales are a measurement of Navigate the retail world with ease using our definitive retail dictionary.