They're getting ready to open marketplace store 984 (which replaces 914) and expecting it to be one of the biggest in size in the Cincy division, but i'm not sure what volume they're looking for it to have.
-- Edited by 4hourrush on Thursday 17th of December 2015 08:36:14 PM
Volume can mean different things. It can mean total sales. It can mean number of items sold. It can mean customer count. One store could have a high customer count, but those customers might only buy a few items at a time. Another store could have only a fraction of the number of customers at the other store, but each of those customers might buy an overflowing bascart of items each time. You could have 10 people buying 10 items each at the first store and 1 person buying 100 items at the other store. If you're talking about number of customers, then the first store is the higher volume store. If you're talking about number of items sold, then both stores are the same. Even total sales are dependent on the type of customers the store attracts. High end stores might sell fewer items but the items they do sell are premium priced. Low end stores might sell more items, but it's all the cheap stuff. So to clarify, are we talking total sales, total number of customers, or total number of items sold?
By volume, I mean dollar amount sales on core departments(IE grocery, not including marketplace exclusives/starbucks/leased space inside) The sales figures usually already exclude these. We have a million dollar store here in the hood, they have an entire 40 foot promo section devoted to the fruit flavored big k 2 liters.
They're getting ready to open marketplace store 984 (which replaces 914) and expecting it to be one of the biggest in size in the Cincy division, but i'm not sure what volume they're looking for it to have.
-- Edited by 4hourrush on Thursday 17th of December 2015 08:36:14 PM
