Changes include expanding the Automotive, Edible Grocery, Other Tobacco, Wine and Liquor categories to better fit what retailers are selling under those umbrellas.
ALEXANDRIA, VA – The new NACS Category Definitions and Numbering Guide – Version 7.1 is now available for download.
In developing the updates, the NACS Research Committee worked closely with industry leaders and key stakeholders to make a few important changes to the 7.0 version, which was published in 2010. These changes improve the clarity of the guide and reflect recent updates resulting from product transition and diversification.
“These categories can be used by the industry to establish performance benchmarks and a framework for retailers and manufacturers to have meaningful discussions regarding market performance comparisons,” said NACS Research Committee Chairman Joe Sheetz. “However, it is important to emphasize that a product’s inclusion in one of the categories set forth has no meaning, express or implied, other than uniformity of treatment for benchmarking and comparative performance purposes.”
Specific updates include:
NACS released its first guide, the Category Definitions and Numbering Guide 1.0, in 1998 to provide a framework for data collection and benchmarking the industry’s category performance.