Retail Management Glossary

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
Brand Management Glossary
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