Assortment


Also found in: Dictionary, Thesaurus, Medical, Legal, Wikipedia.
Related to Assortment: law of independent assortment

Assortment

 

(1) Assortment of production: the makeup and correlation of different articles in the output of an enterprise or branch of industry or in any given group of goods. Production is characterized by assortment with respect to both quality and grade. Socialist enterprises, departments, and ministries are obliged to fulfill production plans not only for total volume of products but for assortment as well.

(2) In commercial enterprises, the selection of varieties and grades of goods (for example, textiles).

References in periodicals archive ?
KappAhl AB (STO:KAHL) announced on Monday that Carina Ladow, VP, Assortment & Design, will leave her employment at the company, effective 30 April 2016, in order to take up a new position.
First, True Value's merchandising team analyzes years' worth of point-of-sale (POS) data, then synthesizes this data into about 16 different profiles, depending on the type of product mix and market in which they are developing an assortment.
GSA Advantage is your best source jot finding different assortments of grommets.
Chukar's best selling Original Assortment, containing 12 oz.
Walmart is also broadening its product assortment by about 11% -- or about 8, 500 items -- in the average store.
This article explores the barriers to successful shopper marketing using assortment optimization as a prime example, and how retailers and manufacturers can work together to make their categories more efficient and effective than ever.
So far, Nielsen says, most consumers have not observed assortment changes--only 7% say they have seen a noticeable reduction in product variety --and although 42% of retailers decreased assortment in 2009 amid considerable industry hype, assortments overall shrunk by only 1%.
3 -- color) no caption (deluxe celebration assortments of See's chocolates)
Macy's has a large, extensive collection of products, and Bloomingdale's has a small, minimal assortment.
purchase or not and if so which product) based on which products are included in the assortment and the prices involved.
With an assortment purchase, the consumer buys an individual tea package containing several different types of tea.
Despite their size and national prominence, such retailers as the Limited Stores and The Gap have stuck with their original formulas of offering a small focused assortment in great depth.