Definition of Same-store Sales
What does the term "same-store sales" mean? What is meant by the term "same-store sales"?
Same-store sales is the comparison of a retail chain's sales in existing locations over a certain period of time.
For instance, you might hear something in the news such as "Black Friday same-store sales at Sears were up 2% over last year".

So, in the case mentioned above, we might say something like "same store sales compared to a year ago were down 7%". This would indicate to us that the chain is not doing well, as sales at existing locations were lower compared to the year before.
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