Definition of same-store sales in US English:
same-store sales
nounˌsāmstôr ˈsālzˌsāmstôr ˈsālz
Finance A figure used to determine what amount of sales growth is attributable to new store openings, based on sales made by stores that have been open more than one year.
Example sentencesExamples
- Even in a tough retail environment, Gap's declining same-store sales are worse than those of its peers, having fallen 11% so far this year after declining 5% in 2000.
- In the fourth quarter of 1999, Sears's same-store sales - a key measure of retail performance - increased only 2.4 percent at a time when many other competitors posted increases of 5 percent to 9 percent.
- Deutsche Bank estimates that same-store sales at outlets five years old or more have declined for the past three years.
- Wal-Mart Stores Inc, the world's largest retailer, said same-store sales at its US stores rose about 4.3 percent this month, helped by a strong start to the holiday shopping season.
- Akyol boosted his estimates based on cafe openings and continued strong same-store sales.