Important definitions and terminologies used in Retail Management
A
- Action Alley in Retail Management
- Activity-Based Costing in Retail Management
- Ad-to-Sales Percentage in Retail Management
- Advance Shipping Notice (ASN) in Retail Management
- Advertising in Retail Management
- Allocation in Retail Management
- Anchor store in Retail Management
- Art in Retail Management
- Assortment planning in Retail Management
- ATS in Retail Management
- ATV in Retail Management
- Augmented reality (AR) in Retail Management
- Automated replenishment in Retail Management
- Average Inventory Cost in Retail Management
B
- Backorder in Retail Management
- Backroom in Retail Management
- Bar code in Retail Management
- Bar Codes in Retail Management
- Barcode in Retail Management
- Barcode scanner in Retail Management
- Beacon technology in Retail Management
- Benefit(s) in Retail Management
- Big data in Retail Management
- Big-box store in Retail Management
- Branding in Retail Management
- Breadth of Assortments in Retail Management
- Brick and click in Retail Management
- Budget in Retail Management
- Bulk in Retail Management
- Bundled pricing in Retail Management
- Buy online, pick up in-store (BOPIS) in Retail Management
C
- Campaign in Retail Management
- Capital Recovery in Retail Management
- Card file in Retail Management
- Card on File (CoF) in Retail Management
- Card Reader in Retail Management
- Carrying cost in Retail Management
- Cash register in Retail Management
- Cashwrap in Retail Management
- Category management in Retail Management
- Channel strategy in Retail Management
- Chargeback in Retail Management
- Chargeback rebuttal letter in Retail Management
- Circular Classification in Retail Management
- Classification (Sub Classification) / Category (Sub Category) in Retail Management
- Classification / Category in Retail Management
- Classification or Category Dominance in Retail Management
- Click and collect in Retail Management
- Click-and-collect in Retail Management
- Clienteling in Retail Management
- Cloud POS in Retail Management
- Community engagement in Retail Management
- Comp Sales in Retail Management
- Competitive analysis in Retail Management
- Computer-based training in Retail Management
- Consignment merchandise in Retail Management
- Consumer packaged goods in Retail Management
- Contactless payments in Retail Management
- Contribution Margin in Retail Management
- Convenience products in Retail Management
- Conversion Rate in Retail Management
- Core in Retail Management
- Cost of goods sold in Retail Management
- Cost Visibility in Retail Management
- CRM in Retail Management
- Cross merchandising in Retail Management
- Cross-selling in Retail Management
- Customer experience in Retail Management
- Customer loyalty in Retail Management
- Customer segmentation in Retail Management
- Customer Segments in Retail Management
- Customer-facing display in Retail Management
D
- Data analytics in Retail Management
- DC in Retail Management
- Dead stock in Retail Management
- Demand-Driven Supply Chain in Retail Management
- Department Costs in Retail Management
- Dog in Retail Management
- Drop shipping in Retail Management
- Dropshipping in Retail Management
- Dry storage in Retail Management
- Durable goods in Retail Management
- Dynamic pricing in Retail Management
E
- E-commerce in Retail Management
- E-tailing in Retail Management
- EAN in Retail Management
- Elearning in Retail Management
- Electronic Data Interchange (EDI) in Retail Management
- Electronic shelf labels in Retail Management
- Employee engagement in Retail Management
- Employee training in Retail Management
- EMV in Retail Management
- End-to-end supply chain visibility in Retail Management
- Endcap in Retail Management
- Endless aisle in Retail Management
- Environment/Décor in Retail Management
- Event in Retail Management
- Everyday low pricing (EDLP) in Retail Management
- Experiential retail in Retail Management
F
- Facing in Retail Management
- Fast fashion in Retail Management
- FIFO (first in first out) in Retail Management
- Fixed Position in Retail Management
- Fixture in Retail Management
- Flash sales in Retail Management
- Flexibility Imperative in Retail Management
- Flighting in Retail Management
- Foot traffic in Retail Management
- Forecast in Retail Management
- Forecasting in Retail Management
- Franchise in Retail Management
- Franchisee in Retail Management
- Fraud prevention in Retail Management
- Frequency in Retail Management
- FSA(Forward Sortation Area) in Retail Management
- Fulfillment in Retail Management
G
- Gift with Purchase in Retail Management
- Globalization in Retail Management
- Gondola in Retail Management
- Green retailing in Retail Management
- Gross margin in Retail Management
- Gross Margin Percent in Retail Management
- Gross Margin Return on Investment (GMROII) in Retail Management
- Gross profit in Retail Management
- GRP or Gross Rating Points in Retail Management
H
- High-speed retail in Retail Management
I
- Impulse purchase in Retail Management
- In-store marketing in Retail Management
- In-store pickup in Retail Management
- Incidental purchases in Retail Management
- Innovation Driver in Retail Management
- Inventory in Retail Management
- Inventory management in Retail Management
- Inventory turnover in Retail Management
- Items Per Transaction in Retail Management
K
- Key performance indicator (KPI) in Retail Management
- Keystone in Retail Management
- Keystone pricing in Retail Management
- KPI in Retail Management
L
- Labor scheduling in Retail Management
- Layaway in Retail Management
- Layaway/lay-by in Retail Management
- Leveraged buyout (LBO) in Retail Management
- LIFO (last in first out) in Retail Management
- Loss leader in Retail Management
- Loss Prevention in Retail Management
- Lot size in Retail Management
- Low Tech Retailing in Retail Management
- Loyalty program in Retail Management
M
- Margin in Retail Management
- Markdown/markup in Retail Management
- Markdowns in Retail Management
- Marketing Calendar: A marketing calendar is a tool used by retailers to show where and when marketing events, media campaigns and merchandising efforts are happening, as well as the results.Marketing in Retail Management
- Mass customization in Retail Management
- Merchandise Mix in Retail Management
- Merchandise planning in Retail Management
- Merchandise Presentation in Retail Management
- Merchandising in Retail Management
- Micro-merchandising in Retail Management
- Minimum advertised price (MAP) in Retail Management
- Minimum advertised price in Retail Management
- Mobile checkout in Retail Management
- Mobile payments in Retail Management
- Monthly sales index in Retail Management
- Multi-channel retailing in Retail Management
- Multichannel retailing in Retail Management
- Multicompany Process Cost in Retail Management
- Mystery shopping in Retail Management
N
- Nature Of Demand in Retail Management
- Net profit in Retail Management
- Net profit margin in Retail Management
- Net sales in Retail Management
- Net/Gross Advertising in Retail Management
- Niche market in Retail Management
- Niche retailing in Retail Management
O
- Objective in Retail Management
- Obsolete inventory in Retail Management
- Off Price Advertising in Retail Management
- Off price in Retail Management
- Omni-channel in Retail Management
- Omnichannel marketing in Retail Management
- On-shelf availability (OSA) in Retail Management
- Online marketplace in Retail Management
- Open-to-buy in Retail Management
- Operating Expenses in Retail Management
- Order fulfillment in Retail Management
- Order lead time in Retail Management
- Order management system (OMS) in Retail Management
- Order picking in Retail Management
- Out-of-stock in Retail Management
- Out-of-stocks (OOS) in Retail Management
P
- Payment processing in Retail Management
- PCI compliance in Retail Management
- Personalization in Retail Management
- Plan-O-Gram in Retail Management
- Planning in Retail Management
- Planogram in Retail Management
- PLU in Retail Management
- Point-of-purchase (POP) in Retail Management
- Point-of-purchase Display in Retail Management
- Point-of-sale (POS) in Retail Management
- Point-of-sale (POS) system in Retail Management
- Pop-up store in Retail Management
- Predictive analytics in Retail Management
- Prestige pricing in Retail Management
- Price elasticity in Retail Management
- Price optimization in Retail Management
- Price skimming in Retail Management
- Private label in Retail Management
- Procurement in Retail Management
- Product bundling. in Retail Management
- Product life cycle in Retail Management
- Product lifecycle management in Retail Management
- Product placement in Retail Management
- Product returns in Retail Management
- Product Tracking in Retail Management
- Proforma invoice in Retail Management
- Promotions in Retail Management
- Purchase history in Retail Management
- Purchase order in Retail Management
Q
- Quality Function Deployment (QFD) Tool in Retail Management
- Quantity discount in Retail Management
- Quantity on hand in Retail Management
- Quantity on order in Retail Management
- Quick Response in Retail Management
R
- Radio Frequency Identification (RFID) in Retail Management
- Radio Frequency Identification in Retail Management
- Receipt Printer in Retail Management
- Receiving in Retail Management
- Recurring revenue in Retail Management
- Relationship retailing in Retail Management
- Remarketing in Retail Management
- Retail analytics in Retail Management
- Retail Return in Retail Management
- Retail Supply Chain in Retail Management
- Retail Supply Chain Management in Retail Management
- Retailtainment in Retail Management
- Retargeting in Retail Management
- Return Loop in Retail Management
- Return on investment (ROI) in Retail Management
- RFID in Retail Management
S
- Sales analytics in Retail Management
- Sales associate in Retail Management
- Sales forecasting in Retail Management
- Sales per square foot in Retail Management
- Sales promotion in Retail Management
- Sales trend in Retail Management
- Seasonal merchandise in Retail Management
- Segment (Consumer or Market) in Retail Management
- Self-checkout in Retail Management
- Services in Retail Management
- Ship from store in Retail Management
- Showrooming in Retail Management
- Shrinkage in Retail Management
- Skills Required in Retail Management
- SKU in Retail Management
- Social commerce in Retail Management
- Social media marketing in Retail Management
- Spot in Retail Management
- Stock-keeping unit (SKU) in Retail Management
- Store design in Retail Management
- Store layout in Retail Management
- Store loyalty in Retail Management
- Store Positioning in Retail Management
- Store within a store in Retail Management
- Strategy in Retail Management
- Suggestive Selling in Retail Management
- Supply Chain Costs in Retail Management
- Supply Chain Management in Retail Management
T
- T-Stand in Retail Management
- Target Market in Retail Management
- Tearsheet in Retail Management
- Tie-In in Retail Management
- Top of Mind in Retail Management
- Tracking In Transit in Retail Management
- Trading Area in Retail Management
- Trading Up in Retail Management
- Traffic count in Retail Management
- Tribetailing in Retail Management
- Triple net lease in Retail Management
- Turnover rate in Retail Management
U
- Units per transaction (UPT) in Retail Management
- Universal Product Code (UPC) in Retail Management
- Upselling in Retail Management
- USP in Retail Management
V
- Value Along The Chain in Retail Management
- Value Offer in Retail Management
- Value To The Customer in Retail Management
- Vendor compliance. in Retail Management
- Vendor management in Retail Management
- Visual merchandising in Retail Management
- Volume in Retail Management
W
- Warehouse management system in Retail Management
- Wholesale in Retail Management
- Wholesaler in Retail Management
- Window display. in Retail Management