Open AccessMeasuring Key Performance Indicators in Retail Trade
Author(s) -
Michal Stoyanov
Publication year - 2021
Publication title -
izvestiya
Language(s) - English
Resource type - Journals
eISSN - 2367-6957
pISSN - 2367-6361
DOI - 10.36997/ijuev2021.65.2.161
Subject(s) - gross margin , gross profit , profit margin , operating margin , business , profit (economics) , performance indicator , retail trade , fast moving consumer goods , economic indicator , margin (machine learning) , retail sales , return on investment , industrial organization , investment (military) , key (lock) , marketing , commerce , economics , finance , return on assets , computer science , microeconomics , profitability index , machine learning , politics , political science , law , macroeconomics , computer security
IThe tendency of business entities to cope with the challenges of the environment in which they operate is determined by the state and development of a complex system of evaluation indicators describing the condition and performance of the company and their time dynamics. They serve to objectively measure the extent to which the individual economic operator meets the conditions by which to be assigned to the group of successful business agents. In traditional retail trade, the most significant indicators for business evaluation are: gross (profit) margin, operating margin, turnover of inventories, gross return on investment in inventories, gross profit per employee, etc. The paper examines the key economic performance indicators of the three leading retail chains in the retail sales of fast moving consumer goods (FMCG) in Bulgaria.