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In the retail industry, what does "same-store" sales mean?

It means you're comparing the sales made in stores that existed at the start of the period (usually the year).

For example, if some business had eight stores last year, and expanded to fifteen stores this year, it's not a very fair estimate of growth to compare the total sales of the fifteen stores during the year, to last year's eight stores. If they're only comparing the sales of the stores that existed last year, then it's same-store sales.
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