Retail format: related pages

Like-for-like
An abbreviation of like-for-like. LFL numbers strip out the effect of shop openings and closures on retailers' sales or profits.
Footfall
The number of people visiting a shop or a chain of shops in a period of time.
Shrinkage
The rate of loss of products (through theft, error and fraud) from stock as a percentage of profit or sales.
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