Retail Industry KPIs
Measure performance of retail stores.
- Same-store sales
- Sales per square metre
- Gross margins return on investment
- Average transaction value
- Customer retention
- Conversion rate
- Foot traffic and digital traffic
- Inventory turnover
- Sales per employee
Sales per square metre
One of the most important retail KPIs for brick-and-mortar retailers, which measures productivity by comparing its revenue to its floorspace.
tip
Retail space is expensive, so a strong bottom line hinges on the businesses ability to make the most of it.
Net sales / square metre available = sales per square metre.
Compare this metric to
- online sales
- alterative locations
- other business models