Unbundled Pricing Involves a retailer's charging separate prices for each service offered.
Uncontrollable Variables Those aspects of business to which the retailer must adapt (such as competition, the economy, and laws).
Understored Trading Area A geographic area having too few stores selling a specific good or service to satisfy the needs of its population.
Unit Control Relates to quantities of merchandise a retailer handles during a stated time period.
Unit Pricing A practice required by many states, whereby retailers (mostly food stores) must express price in terms of both the total price of an item and its price per unit of measure.
Universal Product Code (UPC) A classification for coding data onto products by a series of thick and thin vertical lines. It lets retailers record data instantaneously as to the model number, size, color, and other factors when an item is sold, and to transmit the data to a computer monitoring unit sales, inventory levels, and other factors. The UPC is not readable by humans.
Unplanned Business District A type of retail location where two or more stores situate together (or in close proximity) in such a way that the total arrangement or mix of stores in the district is not the result of prior long-range planning.
UPC See Universal Product Code.
Usage Rate Refers to average sales per day, in units, of merchandise.
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