The concept of time and recurring patterns of business activity is essential to retailers. Calendars establish a standardized system for measuring days, weeks, months, quarters and years. Retailers may use more than one calendar. For example a retailer may use the NRF 4-5-4 calendar for merchandising and store operations, a Gregorian calendar for payroll, etc. The ARTS data model allows retailers to establish as many calendars as required. The common base unit of time for ALL CALENDARS represented in a retailer's ARTS implementation is the business day.
The business day is defined by a retailer based on a start time and an end time. Many retailers operate on a 24 hour, 7 days per week basis. For these retailers it may be appropriate to define a business day to begin at 02:00:00 (2:00 AM) and and at 01:45:00 (1:45 AM) the next Gregorian calendar day. In this scenario the business day technical runs for 23 hours and 45 minutes with a 15 minute period for store closing, posting, reporting, etc. ARTS provides a great deal of flexibility so retailers can set up their own calendar and time tracking structures and rules.
The Calendar and Time retail theme is supported by two subject areas:
Logical 06100 - Calendar View; and
Logical 06500 - Time Group View.