Assortment

Assortment

The variety of products that a retailer offers for sale to meet the diverse preferences and needs of its customers.

Related Terms

Gross Margin

The difference between the revenue generated from sales and the cost of goods sold, expressed as

Base Price

Also referred to as non-promoted price, it is the average price of an item across all

Out of stock (OOS)

A situation occurs when a product that is supposed to be available for sale is completely