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Food Marketing Institute
Industry: Retail
Number of terms: 13685
Number of blossaries: 0
Company Profile:
The number of times the total value of products displayed in retail stores is sold and replaced each year. For example, if a store sells $5,000 worth of a product at cost to stores each year and maintains a $500 inventory, turnover is 10.
Industry:Retail
The difference between the cost and the retail selling price of goods.
Industry:Retail
The number of times the total value of products stored in the distribution center at any one time is sold and replaced each year. Computed by dividing the annual cost of goods sold by average inventory on hand at cost.
Industry:Retail
The number of times the total value of products stored in the distribution center at any one time is sold and replaced each year. Computed by dividing the annual cost of goods sold by average inventory on hand at cost.
Industry:Retail
The number of tons of merchandise passing through a distribution center per labor hours for all workers in the center.
Industry:Retail
The number of shelf facings for a product.
Industry:Retail
The number of similar product cases used to make a pallet layer.
Industry:Retail
The number of cases on a pallet.
Industry:Retail
The number of customer checkout transactions for a day or week.
Industry:Retail
The number of retail deliveries made in a day. A list of price reductions.
Industry:Retail
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