SAME STORE SALES Definition

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SAME STORE SALES is used when analyzing the retail industry. It compares sales in stores which have been open for a year or more.

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NEGATIVE CONTRIBUTOR is any item, activity, or cost that offsets attainment of positive results, e.g., a rise in unemployment and its effect upon the economy.

ITC is International Trade Commission, Investment Tax Credit, Input Tax Credit (Canadian GST refund for businesses), etc.

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