Basket Size

Basket Size

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

Related Terms

Horizontal Merchandizing

A retail display technique where products are arranged in a left-to-right manner along a horizontal plane.

Gross Margin

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

Convenience

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