Definition of "like-for-like" []

• Pertaining to an action which replaces one thing with another of the same type. (adjective)
• Comparable to the same period in a previous year, at outlets that existed at that period (adjective)

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• "Mackail-Smith's inclusion was described as a like-for-like replacement for Miller."
• "This marks six consecutive months of so- called like-for-like increases at 24 major chains amid renewed concerns about a U.K. recession, said Peter Martin, chief executive officer at Peach Factory, which tracks the data with KPMG LLP, UBS AG and the London-based Coffer Group."
• "Warm autumn weather and nervousness about the state of the economy combined to create a tough environment for shops and stores, the British Retail Consortium said in its monthly survey, conducted with the consultancy KPMG.The BRC said the value of sales in November was 0.7% higher than in the same month in 2010, but there had been an annual drop of 1.6% in so-called like-for-like sales, which strip out the effect of new floorspace added by retailers over the past 12 months."