An indicator of how effectively retail space is used to generate revenue is called
A)sales per square foot.
B)return in investment.
C)percentage of markup.
D)gross profit.
E)same-store sales growth.

Question

Quizplus · Accepted Answer

Sales per square foot is a widely used indicator of retail space productivity and measures the amount of revenue generated per unit of space. It helps retailers understand how efficiently they are using their space to drive sales and identify opportunities for improvement. Return on investment, percentage of markup, gross profit, and same-store sales growth are all important metrics but do not specifically measure the productivity of retail space.

An Indicator of How Effectively Retail Space Is Used to Generate