Retail Trade Industry

ALSO CALLED: Retail and Wholesale Industry, Drug Stores, Retailing Industry, Consumer Goods Industry, Consumer Products Industry, Shopping Centers, Online Retail Industry, Pet Stores, Home Improvement Industry, Retail Industry, Retail Trade
DEFINITION: A planogram is a diagram that shows how and where specific retail products should be placed on retail shelves or displays in order to increase customer purchases. Planogramming is a skill developed in the fields of merchandising and retail space planning. A person with this skill can be referred to as a planogrammer. Planograms themselves are also referred to as POGs. Planograms can be developed for  … 
Definition continues below.

RETAIL TRADE INDUSTRY DEFINITION (continued): …  different types of retail merchandising displays (such as shelf displays, pegboards, or slatboard displays). They are developed using other information about products, such as the amount of inventory left for the product, volume of sales per square foot of retail space, and other specific information about products (such as stockkeeping unit numbers, product codes, and so forth). By analyzing past and current sales patterns, a planogrammer can make successful recommendations about the number of "facings" a certain product should have on a retail display, how high or low it should be on the display, … 
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