capitalize on a community’s assets to create places where people want to work, shop, live and play. plan-o-gram: A suggested layout from a vendor for a line of merchandise, usually based on the use of a section of slatwall, shelving, or pegboard. PLU (price look up): A computerized method of checking prices by programming code numbers or bar codes into a point of sale cash register system. POP of purchase): Selling materials, such as a display or sign, provided by the vendor to help sell a certain product. A short-term retail shop, sometimes set up in a vacant store or even pop-up-store: in a park or public area. POS (point of sale system, terminal): A computerized, or automated, cash register system that compiles data about merchandise sold and also sometimes information about customers. positioning: How you want your store to be perceived by your customers, especially in relation to your competitors. (1) Merchandise paid for before being shipped, either at the time the prepaid: order is placed or when it is ready to ship; (2) an order for which transportation costs have been paid by the shipper, sometimes to be reimbursed by the recipient as part of the invoice total. release: A notification of coming events or new products sent to the media in the hope of free publicity. pre-ticketing: Putting a store’s retail pricing and codes on merchandise before
capitalize on a community’s assets to create places where people want to work, shop, live and play. plan-o-gram: A suggested layout from a vendor for a line of merchandise, usually based on the use of a section of slatwall, shelving, or pegboard. PLU (price look up): A computerized method of checking prices by programming code numbers or bar codes into a point of sale cash register system. POP of purchase): Selling materials, such as a display or sign, provided by the vendor to help sell a certain product. pop-up-store: A short-term retail shop, sometimes set up in a vacant store or even in a park or public area. POS (point of sale system, terminal): A computerized, or automated, cash register system that compiles data about merchandise sold and also sometimes information about customers. positioning: How you want your store to be perceived by your customers, especially in relation to your competitors. prepaid: (1) Merchandise paid for before being shipped, either at the time the order is placed or when it is ready to ship; (2) an order for which transportation costs have been paid by the shipper, sometimes to be reimbursed by the recipient as part of the invoice total. release: A notification of coming events or new products sent to the media in the hope of free publicity. pre-ticketing: Putting a store’s retail pricing and codes on merchandise before
SSR4%20Glossary%20of%20Retailing%20Terms.docx