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Retail Glossary

  1. Retail
  2. Retail Glossary

A

  • Abandonment Rate
  • Acceptance Sampling
  • Account Receivable (AR)
  • Actual Sales
  • Ad Auction
  • Ad Fraud
  • Ad Impression
  • Ad Retargeting
  • Ad Spend
  • Advertorial
  • AdWords
  • Affinity Marketing
  • After-sales Service
  • Agile Retail
  • Aisle
  • Allocation
  • Alpha Testing
  • Ambient Merchandising
  • Anchor Store
  • Anticipatory Shipping
  • AOV (Average Order Value)
  • Apparel
  • Artificial Intelligence (AI)
  • Asset Protection
  • Associate
  • Assortment Planning
  • Atmospherics
  • Augmented Reality (AR)
  • Average Basket Size
  • Average Transaction Value (ATV)
View All

B

  • B2B (Business-to-Business)
  • B2C (Business-to-Consumer)
  • Backorder
  • Backroom
  • Balance Sheet
  • Barcode
  • Barter
  • Batch Processing
  • Beacon Technology
  • Benchmarking
  • Big Box Store
  • Black Friday
  • Blogshop
  • Bottom Line
  • Bounce Rate
  • Boutique
  • Brand Ambassador
  • Brand Image
  • Brand Loyalty
  • Branding
  • Break-even Point
  • Brick-and-Mortar
  • Bullwhip Effect
  • Bundle Pricing
  • Business Intelligence (BI)
  • Business Model
  • Buy One Get One (BOGO)
  • Buy Online, Pick Up In Store (BOPIS)
View All

C

  • Cart Abandonment
  • Cash Flow
  • Category Management
  • Channel Partner
  • Chargeback
  • Checkout
  • Click Fraud
  • Click-and-Collect
  • Click-Through Rate (CTR)
  • Closed-Loop Gift Card
  • Cloud Point of Sale (Cloud POS)
  • Competitive Pricing
  • Consignment
  • Consumer Behavior
  • Consumer Goods
  • Contactless Payment
  • Content Marketing
  • Conversion Rate
  • Core Competency
  • Corporate Social Responsibility (CSR)
  • Coupon
  • Cross-Selling
  • Crowdsourcing
  • Cryptocurrency
  • Customer Experience (CX)
  • Customer Journey
  • Customer Lifetime Value (CLV)
  • Customer Relationship Management (CRM)
  • Customer Satisfaction (CSAT)
  • Customer Segmentation
View All

D

  • Daily Average Revenue Trade (DART)
  • Damaged Goods
  • Dark Store
  • Data Analytics
  • Data Mining
  • Days Sales Outstanding (DSO)
  • Dead Stock
  • Decoy Pricing
  • Deep Learning
  • Delivery Time Frame
  • Demand Forecasting
  • Demand Planning
  • Digital Marketing
  • Digital Wallet
  • Direct Cost
  • Direct Mail
  • Direct Response Marketing
  • Direct-to-Consumer (DTC)
  • Discount
  • Display Advertising
  • Disruptive Innovation
  • Distribution Center
  • Distribution Channel
  • Doorbuster
  • Drop-off Location
  • Dropshipping
  • Dual Distribution
  • Dwell Time
  • Dynamic Display Ads
  • Dynamic Pricing
View All

E

  • E-commerce Full Form
  • E-tailer
  • Early Adopter
  • Earnings Before Interest and Taxes (EBIT)
  • Economic Order Quantity (EOQ)
  • EDI (Electronic Data Interchange)
  • EDLP (Everyday Low Price)
  • Elasticity of Demand
  • Electronic Funds Transfer (EFT)
  • Electronic Shelf Label (ESL)
  • Electronic Shelf Management (ESM)
  • Email Marketing
  • Employee Discount
  • Employee Engagement
  • Employee Handbook
  • Employee Morale
  • Employee Productivity
  • Employee Turnover
  • End-of-Season Sale
  • Endcap
  • Endorsement
  • Endorsement Marketing
  • EPOS (Electronic Point of Sale)
  • ERP (Enterprise Resource Planning)
  • Ethical Sourcing
  • Excess Inventory
  • Exclusivity
  • Exit Rate
  • Experiential Retail
  • Eye Tracking
View All

F

  • Face-to-Face Selling
  • Fair Labor Standards Act (FLSA)
  • Fair Market Value
  • Fair Trade
  • Fast Fashion
  • Fast-Moving Consumer Goods (FMCG)
  • FIFO (First In, First Out)
  • Financial Statement
  • Fixed Assortment
  • Fixed Costs
  • Flash Sale
  • Floor Plan
  • Flyer
  • Focus Group
  • FOMO (Fear of Missing Out)
  • Foot Traffic
  • Forecast Error
  • Forecasting
  • Franchise
  • Fraud Prevention
  • Free Shipping
  • Freemium
  • Frequency Marketing: Definition, Advantages and Examples
  • Friction Point
  • Frictionless Checkout
  • Front of House (FOH)
  • Front-End Ratio
  • Fulfillment by Amazon (FBA)
  • Fulfillment Center
  • Full-Price Selling
View All

G

  • Gamification
  • Gatekeeper
  • Generation Z
  • Geotargeting
  • Gift Card
  • Gift With Purchase (GWP)
  • Global Distribution System (GDS)
  • Global Positioning System (GPS)
  • Global Sourcing
  • Globalization
  • Goods Inwards
  • Goods Received Note (GRN)
  • Goodwill
  • Grand Opening
  • Gray Charge
  • Gray Market
  • Green Logistics
  • Green Retailing
  • Greenwashing
  • Greeter
  • Gross Leasable Area (GLA)
  • Gross Margin
  • Gross Merchandise Value (GMV)
  • Gross Profit
  • Gross Sales
  • Gross Square Foot (GSF)
  • Group Buying
  • Growth Hacking
  • Guaranteed Sale
  • Guerrilla Marketing
View All

H

  • Hackathon
  • Halo Effect
  • Handheld Scanner
  • Hanger Appeal
  • Hard Goods
  • Hard Lines
  • Headcount
  • Hidden Costs
  • High-Density Merchandising
  • High-Low Pricing
  • High-Performance Organization
  • High-Resolution Retail
  • High-Touch Retail
  • High-Value Customer
  • Hit Rate
  • Holding Cost
  • Holding Power
  • Horizontal Channel Conflict
  • Horizontal Merchandising
  • Hosted Shopping Cart
  • Hotspot
  • House Brand
  • Hub and Spoke Model
  • Human Resources (HR)
  • Hybrid Cloud
  • Hybrid Inventory System
  • Hybrid Retail
  • Hybrid Store
  • Hyperlocal
  • Hypermarket
View All

I

  • Image Recognition
  • Impulse Buying
  • In-App Purchase
  • In-House Production
  • In-Mall Advertising
  • In-Queue Merchandising
  • In-Stock Rate
  • In-Store Analytics
  • In-Store Navigation
  • In-Store Pickup
  • In-Transit Inventory
  • Inbound Marketing
  • Incentive Program
  • Incidental Merchandising
  • Incoterms
  • Inflation
  • Influencer Marketing
  • Initial Markup
  • Insourcing
  • Inspection Sampling
  • Instacart
  • Integrated Marketing Communications (IMC)
  • Integrated Point of Sale (iPOS)
  • Interactive Kiosk
  • Internet of Things (IoT)
  • Inventory Shrinkage
  • Inventory Turnover
  • Invisible Retail
  • Invoice
  • Item Master
View All

J

  • J-hook
  • Jargon
  • Jet Lag
  • JIC (Joint Industry Coupon)
  • Jiffy Bag
  • Jingle
  • Jingle Mail
  • JIT (Just-In-Time)
  • Jitney
  • Jitter
  • Job Description
  • Job Enlargement
  • Job Satisfaction
  • Job Sharing
  • Job Specification
  • Jobber
  • Jobber Price
  • Joint Account
  • Joint Check
  • Joint Check Agreement
  • Joint Liability
  • Joint Tenancy
  • Joint Venture
  • Jump Page
  • Jumper
  • Junior Anchor
  • Junior Department
  • Junk Bond
  • Junket
  • Just Noticeable Difference (JND)
View All

K

  • K-factor
  • Kaizen
  • Kanban
  • Keiretsu
  • Key Account
  • Key Account Manager (KAM)
  • Key Holder
  • Key Opinion Leader (KOL)
  • Key Tag
  • Keying Errors
  • Keynote Address
  • Keypad
  • Keypad Entry
  • Keyword Stuffing
  • Kickback
  • Kicker
  • Kicker Price
  • Kilo
  • Kilobyte (KB)
  • Kilohertz (kHz)
  • Kiosk
  • Kiosk Mode
  • Kiosk Retailing
  • Kit-of-Parts
  • Kitting
  • Knock-on Effect
  • Knockdown Price
  • Knockoff
  • KPI Dashboard
View All

L

  • Landed Cost
  • Late Majority
  • Layaway
  • Lead Time
  • Leasehold Improvement
  • Leverage
  • LIFO (Last In, First Out)
  • Limited Assortment
  • Limited Edition
  • Limited Time Offer (LTO)
  • Line Sheet
  • Liquidation
  • Local SEO
  • Logistics
  • Long Tail
  • Long-Tail Keywords
  • Long-Term Forecasting
  • Loss Adjuster
  • Loss Leader
  • Loss of Use
  • Loss Payee
  • Loss Prevention
  • Loss Ratio
  • Loss Run
  • Lot Size
  • Low Hanging Fruit
  • Low Stock Alert
  • Low Touch Economy
  • Low-Code
  • Loyalty Program
View All

M

  • Margin
  • Markdown
  • Markdown Management
  • Market Basket Analysis
  • Market Research
  • Market Share
  • Marketing Mix (4Ps)
  • Mass Customization
  • Master Data Management (MDM)
  • Merchandise Category
  • Merchandise Display
  • Merchandise Hierarchy
  • Merchandise Management
  • Merchandise Markup
  • Merchandise Mix
  • Merchandise Planning
  • Merchandise Return Authorization (MRA)
  • Merchandising
  • Micro-Moments
  • Millennial
  • Minimum Advertised Price (MAP)
  • Mobile Commerce (mCommerce)
  • Mobile Point of Sale (mPOS)
  • Mobile Wallet
  • Multi-Brand Store
  • Multi-Channel Retailing
  • Multi-Tier Pricing
  • Multichannel Marketing
  • Multivariate Testing
  • Mystery Shopper
View All

N

  • Narrowcasting
  • National Brand
  • National Retail Federation (NRF)
  • Near Field Communication (NFC)
  • Negotiation
  • Net Margin
  • Net Profit
  • Net Sales
  • Network Effects
  • New Product Introduction (NPI)
  • New-to-Brand Metrics
  • Newell Brands
  • Niche Market
  • Niche Retailer
  • Night Owl Shopping
  • No Fault Found (NFF)
  • No Questions Asked
  • No-Frills
  • No-Obligation Trial
  • Non-Compete Clause
  • Non-Compliance Fee
  • Non-Controllable Expenses
  • Non-Disclosure Agreement (NDA)
  • Non-Obvious Relationship Awareness (NORA)
  • Non-Profit Organization
  • Non-Profit Retail
  • Non-Revenue Water (NRW)
  • Non-Store Retailing – Meaning, Types and Examples
  • Notice of Allowance (NOA)
View All

O

  • Obsolescence
  • Off-Price Retailing
  • Off-Season
  • Omni-Channel Marketing
  • Omni-Channel Retailing
  • Omnichannel Analytics
  • Omnichannel Integration
  • On-Shelf Availability (OSA)
  • On-the-Fly Merchandising
  • One-for-One Model
  • One-Time Purchase
  • Online Marketplace
  • Open Source
  • Open-End Credit
  • Open-To-Buy (OTB)
  • Order Fulfillment
  • Order Management System (OMS)
  • Order Picking
  • Order Processing Time
  • Order Tracking
  • Organic Growth
  • Out-of-Stock
  • Outbound Logistics
  • Outbound Marketing
  • Outlet Store
  • Over-the-Counter (OTC)
  • Overbuying
  • Overhead
  • Overrun
View All

P

  • Payment Gateway
  • Peer-to-Peer (P2P)
  • Perishable Goods
  • Perpetual Inventory
  • Personalization
  • Pick and Pack
  • Pick-Up Point
  • Point of Sale (POS)
  • Pop-Up Shop
  • Premium Pricing
  • Price Elasticity
  • Price Skimming
  • Price Transparency
  • Price War
  • Private Equity
  • Private Label
  • Product Assortment
  • Product Lifecycle
  • Product Placement
  • Product Recall
  • Profit and Loss Statement (P&L)
  • Profit Margin
  • Promotional Pricing
  • Psychographic Segmentation
  • Purchase Frequency
  • Purchase Funnel
  • Purchase Intent
  • Purchase Order (PO)
  • Push Marketing
View All

Q

  • QR Code
  • Qualitative Research
  • Quality Control
  • Quantity Discount
  • Quantity On Hand (QOH)
  • Quasi-Cash
  • Queue Management
  • Quick Response (QR)
  • Quick Service Restaurant (QSR)
  • Quota Sampling
View All

R

  • Rain Check
  • Rationalization
  • Real-Time Inventory
  • Rebranding
  • Reciprocal Trade Agreement
  • Recurring Revenue
  • Relationship Marketing
  • Remarketing
  • Reorder Point
  • Replenishment
  • Resale
  • Reseller
  • Restocking Fee
  • Retail
  • Retail Analytics
  • Retail Apocalypse
  • Retail Design
  • Retail Management System (RMS)
  • Retail Merchandising
  • Retail Price Index (RPI)
  • Retail Space Optimization
  • Retail Therapy
  • Retailer Cooperative
  • Retailtainment
  • Return Merchandise Authorization (RMA)
  • Return on Investment (ROI)
  • Revenue
  • Reverse Logistics
  • RFID (Radio-Frequency Identification)
  • Rolling Shutter
View All

S

  • SaaS (Software as a Service)
  • Sales
  • Sales Associate
  • Sales Forecasting
  • Sales Funnel
  • Sales Promotion
  • Sales Tax
  • Same-Day Delivery
  • Seasonal Merchandising
  • Segmentation
  • Shelf Space
  • Shopping Cart Abandonment
  • Shrinkage
  • SKU Rationalization
  • Slow-Moving Inventory
  • Social Commerce
  • Social Proof
  • Stock Turnover
  • Stock-to-Sales Ratio
  • Stockout
  • Store Brand
  • Store Layout
  • Storefront
  • Strategic Merchandising
  • Strategic Planning
  • Subscription Box
  • Supply Chain
  • Surcharge
  • Sustainability
View All

T

  • Tailored Assortment
  • Tangible Assets
  • Target Audience
  • Target Market
  • Telematics
  • Terminal
  • Test Marketing
  • Text Marketing
  • Third-Party Logistics (3PL)
  • Time-to-Market
  • Tokenization
  • Total Cost of Ownership (TCO)
  • Total Quality Management (TQM)
  • Tote
  • Touchpoint
  • Trade Area
  • Trade Credit
  • Trade Discount
  • Trade Promotion
  • Trade Show
  • Trade-In
  • Traffic Conversion
  • Transaction
  • Transfer Price
  • Transparency
  • Trend Analysis
  • Turnkey Solution
  • Turnkey Store
  • Turnover
  • Two-Factor Authentication (2FA)
View All

U

  • Unboxing
  • Understock
  • Unified Commerce
  • Unit Cost
  • Unplanned Purchase
  • Upselling
  • User Experience (UX)
  • User Interface (UI)
  • USP Full Form
  • Utility
View All

V

  • Value Chain
  • Value Engineering
  • Value Proposition
  • Value Retailer - Meaning, Business Models and Opportunities
  • Value-Added Reseller (VAR)
  • Vanity Sizing
  • Variable Costs
  • Variable Data Printing (VDP)
  • Vehicle Routing Problem (VRP)
  • Velocity
  • Velocity of Money
  • Vendor
  • Vendor Compliance
  • Vendor Managed Inventory (VMI)
  • Venture Capital
  • Vertical Integration
  • Video Merchandising
  • Viral Marketing
  • Virtual Assistant
  • Virtual Reality (VR)
  • Virtual Shelf
  • Virtual Store
  • Visual Identity
  • Visual Merchandising
  • Visual Search
  • Vlogging
  • Voice Commerce
  • Volume Discount
  • Volume Velocity
  • Voucher
View All

W

  • Walkthrough
  • Walled Garden
  • Wallet Share
  • Warehouse Automation
  • Warehouse Management System (WMS)
  • Warehouse Turnover
  • Warranty
  • Wastage
  • Waterfall Model
  • Wave Picking
  • Wayfinding
  • Web Analytics
  • Web Hosting
  • Webroom
  • Webrooming
  • Webrooming
  • Weighted Average Cost
  • What Is 'Open-Box' and Should You Buy It?
  • What is Biometrics in Retail?
  • What is Breakage ?
  • Wheel of Retailing
  • White Label
  • Wholesale
  • Wholesale Price
  • Wholesaler
  • Wi-Fi Tracking
  • Wild Posting
  • Win-Win
  • Window Display
  • Word-of-Mouth Marketing (WOMM)
  • Work-in-Progress (WIP)
  • Workforce Management
View All

X

  • X-Channel Integration (referring to cross-channel integration)
  • Xenon Lamp (used in some retail lighting)
View All

Y

  • Yarn Count (relevant in the context of textile and apparel retail)
  • Year-Over-Year (YOY)
  • Yield Management
View All

Z

  • Zero Inventory
  • Zone Pricing
  • Zoning (Store Layout)
View All
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