LFL
Business & Finance abbreviation · E-commerce & Retail
| Stands for | Like-for-like sales |
|---|---|
| Categories | Business & Finance |
LFL stands for Like-for-like sales, an e-commerce & retail abbreviation.
Year-over-year change in sales from stores or channels that were trading in both periods, excluding new openings and closures, so that underlying performance is not distorted by changes in the store estate. The term is standard in UK and European retail reporting.
Example: Christmas LFL sales rose 3.2%, beating analysts' forecasts.
Usage notes
American retailers call the same measure comparable or same-store sales ("comps"). Definitions differ: some include online sales and some exclude fuel or VAT, so comparisons across companies need care.
Related abbreviations
More e-commerce & retail abbreviations
- G&S – Goods and services
- GMROI – Gross margin return on inventory investment
- GMV – Gross merchandise value
- GWP – Gift with purchase
- HTF – Hard to find
- ISO – In search of
- LP – Loss prevention
- MAP – Minimum advertised price
- MDR – Merchant discount rate
- MOQ – Minimum order quantity
- MoR – Merchant of record
- mPOS – Mobile point of sale