Brand Refresh

Brand Refresh

When a brand improvises its existing image and communications while maintaining its core identity.

Related Terms

Basket Size

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

Unplanned Out-of-Stocks

Instances where a product is unexpectedly unavailable for purchase, often resulting in lost sales and dissatisfied

Markdown Pricing

A pricing strategy where retailers lower the prices of products to boost sales and manage inventory