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The calculation for same-store sales growth is
A) Total sales ÷ Selling area in square feet.
B) (Store sales in year 3 ÷ Store sales in year 1) .
C) Store sales in year 1 ÷ (Store sales in year 2 - Store sales in year 1) .
D) (Store sales in year 2 - Store sales in year 1) . ÷ Store sales in year 1.
E) Store 1 square feet ÷ Store 2 square feet.
Same-Store Sales Growth
A retail metric that compares the revenue from stores open for more than a year over a specific period to showcase a company's organic growth.
Store Sales
Periodic events where retailers offer products at discounts to increase traffic and sales volume.
Sales Calculation
The process of determining the total revenue generated from goods or services sold over a specific period.
- Understanding of financial metrics and indicators applied in retail for assessing performance and growth.
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Learning Objectives
- Understanding of financial metrics and indicators applied in retail for assessing performance and growth.
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