Lessons › Retail & Allocation › Store performance
Retail & Allocation lesson
Space and labour
Big stores should sell more. These two measures make stores of any size comparable.
Try this lesson free →The idea
Big stores should sell more. These two measures make stores of any size comparable:
Formulas
Sales ÷ AreaKey points
Sales per sq ftSales ÷ Floor space: how hard the space works.
Sales per labour hourSales ÷ Labour hours: how hard the hours work.
Compare fairlyRatios let a small store be compared with a big one.
Space and labour are a store's biggest costs, so these ratios drive staffing and layout decisions.
Practice
1. What are Toronto's sales per square foot?
$12,000 ÷ 2,000 = $6 per sq ft2. Your report compares sales per sq ft across the five stores. Which visual?
Bar chart3. What are Vancouver's sales per labour hour?
$15,000 ÷ 120 = $125 per hour4. Calgary and Vancouver both make $5 per square foot, but Calgary makes less per labour hour. What does that suggest?
Calgary may have more staff hours than it needsLearn it by doing. This lesson is a short hands-on level on Bampaa: see it work, then build and write it yourself, with instant feedback.
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