Business, Legal & Accounting Glossary
In retail, sales at stores which have been open for more than one year. This enables investors to determine what component of the overall sales growth was due to the opening of new stores, and to also track the profitability of individual branches. Same-store sales are also an important factor in deciding how a company should modify its retail strategy.
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This glossary post was last updated: 20th November, 2021 | 0 Views.