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Sales per square foot is calculated by dividing
A) profit margin by selling area in square feet.
B) gross profit by selling area in square feet.
C) total sales by selling area in square feet.
D) return on investment by selling area in square feet.
E) net sales by selling area in square feet.
Sales Per Square Foot
A metric used to evaluate the efficiency of a retail space, indicating the average revenue generated per square foot of sales area.
Selling Area
The physical or digital space where products or services are displayed and offered to consumers for purchase.
Total Sales
The complete amount of sales revenue generated from goods or services within a specific period, before any deductions.
- Acquire knowledge on the use of sales per square foot as a metric for evaluating retail productivity.
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Learning Objectives
- Acquire knowledge on the use of sales per square foot as a metric for evaluating retail productivity.
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