Like for Like (LFL) brick-and-mortar retail sales growth

This measure calculates Like for Like (LFL) retail sales growth for retail stores. Like for Like (LFL) retail sales growth refers to the growth in sales as recorded by the same number of stores a year ago. This is meant to adjust for sales from new stores opened (or newly acquired companies) and stores closed (divestiture) in the period under review. This Process Efficiency measure is intended to help companies minimize waste and refine resource consumption related to the process "Evaluate and manage financial performance".

Benchmark Data

Lock

Sorry! Not all users have access to all of our resources.

Want to unlock access to all of our resources?

Learn about Membership Arrow with stem
Measure Category:
Process Efficiency
Measure ID:
106141
Total Sample Size:
70 All Companies
Performers:
25th
- Median
- 75th
-
Key Performance
Indicator:
No

Compute this Measure

Units for this measure are percent.

Back to Top
Like for Like (LFL) retail sales growth for retail stores

Key Terms

Back to Top

Process efficiency

Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.

Measure Scope

Back to Top

Cross Industry (7.3.1)

  • 9.1.4.1 - Assess customer and product profitability (10782) - N
  • 9.1.4.2 - Evaluate new products (10783) - N
  • 9.1.4.3 - Perform life cycle costing (10784) - N
  • 9.1.4.4 - Optimize customer and product mix (10785) - N
  • 9.1.4.5 - Track performance of new-customer and product strategies (10786) - N
  • 9.1.4.6 - Prepare activity-based performance measures (10787) - N
  • 9.1.4.7 - Manage continuous cost improvement (10788) - N