For a retailer to know whether a store is worth its cost—whether it’s getting a return on its investment—it needs a way to determine its value. In the past, that was simple enough. Shops were first and foremost points of sale, their value to the retailer closely tied to how much stuff they sold. A standard way to calculate that was to measure how much it sold relative to its size, or sales per square foot.These days, the calculation is a lot more complex. E-commerce is siphoning sales from brick-and-mortar retail, reducing the sales per square foot of countless stores. At the same time, stores are taking on additional roles in the new shopping ecosystem that’s emerged, and their value beyond
Hence then, the article about what is a store worth was published today ( ) and is available onQuartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( What is a store worth? )