Shrinkage: 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.
Retail format
The overall appearance and feel that a retailer presents to customers including its looks, layout, and the sort of range it stocks.
Footfall
The number of people visiting a shop or a chain of shops in a period of time.
Copyright Graeme Pietersz © 2005-2019