Merchandise Assortment

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Published on 17 May 2011
School
Ryerson University
Department
Retail Management
Course
RMG 200
Professor
Week 7
Merchandise Group = Mens Wear
Department = Young Mens Wear
Classification = Pants
Category = Jeans
SKU = A unit of one specific style of clothing (Levis, Brown, Size 36X32)
Variety = # of different categories within a store/department
Assortment = # of SKUs within a category
Product demand = Percentage of demand for a particular SKU that is satisfied
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