Retail Metrics

Retail metrics are measurements used by retailers to evaluate the performance of their business. They include data like sales revenue, profit margins, customer traffic, and inventory levels. These metrics help retailers understand what’s working well and identify areas needing improvement. For example, sales figures show revenue generated, while inventory turnover indicates how quickly stock sells and needs replenishing. Tracking these metrics allows retailers to make informed decisions about pricing, marketing, staffing, and stock management, ultimately driving better business results and enhancing customer experience.