Overview

Maintain Store Performance Attributes support maintenance a number of attributes that are used to measure the individual stores performance. A number of Retail Arena reports use these statistics in their calculation.

Criteria Form

When generating the editing report, selecting Exclude Closed Stores and Zero Their Parity causes the editing report to exclude stores that are closed from the report. Store are determined to be closed based on their Store Opening and Store Closing dates. For example if the Opening Date is defined and the current date is prior to the opening date, or the Store Closing date is defined and the current date is after the closing date then the store is deemed to be closed. When the editing form is saved all closed stores will have their Parity values set to zero.

When Re-index Reporting Sequence on Change is checked, the reporting sequence automatically re-indexed across all stores when it is edited.

Additional Information

The report lists all store attributes as below.

Column	Description
Parity Sale value	Parity Sale Value represents the typical weekly sales you expect from the store. Refer to the article Parity Analysis for more information.
Parity %	The Parity Percentage field is automatically generated based on the Parity Sales Value entered. If represents the stores parity as a percentage of their parity group.
Break Even Sales	The break even sales field refers to the minimum sales required in order for the store to make a profit.
Base Hours	Base hours refer to the number of hours needed to achieve the Parity sales Value based on the Wage Matrix associated with this store.
Base Wage %	This column shows the wage percentage based on Base Hours and Parity Sale Value. It uses the Average Hourly Wage Rate to perform the calculation. For example Base Hours * Average Hourly Wage Rate / Parity Sale Value.
Avg Hourly Wage Rate	The average hourly wage rate is used by the Roster and Time sheet application to calculate the approximate wage cost and wage percentage for a roster.
Regional Mgr hours	The regional manager’s hour is the average number of hours that the regional manager would devote to that particular store.
Square Meters	The square meters field refers to the total available selling floor space of that particular store. This is measured in meters squared.
Optimum Stock Qty	This column shows the Optimum Stock in units for a given store.
Optimum Stock	This column shows the Optimum Stock value at retail excluding tax.
Max Stock	This column shows the Maximum Stock in units for a given store.
Return Target %	This is the tax return percentage for the store, when the actual returns percentage is typically calculated as Sale  Return Value / Net Sale Value.
Reporting Sequence	The report sequence refers to the order that stores will be sequenced on some reports.
Wage Matrix	Defines the Wage Matrix associated with this store.
Parity Group	This defines the Parity Group this store belongs to when calculating the stores parity percentage and achieve parity. Refer to the article Parity Analysis for more information.
Auto Approval Roster Variance	This defines the percentage variance of actual roster / timesheet hours against target hours above or below which the regional manager must approve a roster. Refer to the article Wage and Roster Target Concepts for more informaiton.

 

Click the Submit button to save the changes.