Assortment

Assortment

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

Related Terms

Basket Size

The amount that a customer spends in a retail store in single transaction.

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of

Convenience

A small-format retail outlet that offers a limited selection of basic and immediate consumption items, such