retailvelocity.com

Website:http://www.retailvelocity.com
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Definitions (665)

1

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learner-controlled instruction


A self-paced, training method.lease-back:
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customer count


The number of customer checkout transactions for a day or week.customer loyalty: 
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pallet display


 A manufacturer's display unit that is shipped to a retailer on a pallet, which when placed on a sales floor serves as a free-standing, advertising display that saves time and labor.pallet factor [..]
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satellite stores


Retail stores that are serviced by the same distribution center; or outlying stores in a shopping center.SBT (Scan Based Trading
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store supervisor


An operations manager responsible for conditions, safety, product levels and cash handling procedures for several retail stores; a district manager.store supplies: 
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wagon jobber


A wholesaler that sells a limited variety and quantity of products from a truck.wall shelving:
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backstock


 Extra products stored in a backroom to restock shelves between deliveries.backup:
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business review


A periodic meeting to review operational performance, goals and projections.buy one get one free (BOGO):
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over-ring


 The ringing or scanning of the price of a product higher than its shelf price.overstock:
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store audit


A review of management procedures and processes, e.g., inventory, cash handling.store brand: 
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