Convenience

Convenience

A small-format retail outlet that offers a limited selection of basic and immediate consumption items, such as packaged foods and drugstore products.

It operates long hours for shopper convenience, catering to quick and essential purchases.

Related Terms

Baseline Sales

Amount of organic sales for a product in a marketplace without any marketing effort.

Forecast Accuracy

Forecast accuracy refers to the degree to which a forecast aligns with actual sales data, indicating