Assortment

Assortment

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

Related Terms

Market Share

Represents the portion of an industry’s total sales that is accounted for by a specific company

Customer Loyalty

Emerges when customers consistently favor a brand over its competitors, leading to repeat purchases and a

Lifestage

Refers to one of the distinct phases within a retail business’s lifecycle, encompassing its birth, growth,