Analytics The Key to Retail Growth Decision Making Today’s consumers don’t just appreciate personalized marketing and sales experiences—they expect them. Retail data analytics cater to this need by providing detailed breakdowns of shopping habits, even down to individual customer behaviors both in-store and online.
Retail The Top 5 Tools for Retail Planners and Buyers in 2024 In the dynamic field of planning and buying for retail, leveraging the right tools can make a significant difference in achieving efficiency and accuracy. Here are five key tools for retail planners and buyers in 2024.
Retail The Top Tools Merchandisers in Retail Need in 2024 The evolution of retail technology has provided merchandisers with access to a wealth of data and sophisticated tools to help them grow. Let’s take a look at the top five tools that we’re seeing help merchandisers in retail increase efficiency and positively affect their bottom line.
Data Analytics Why They Buy: Understanding Customer Behavior Through Retail Data Reporting Leveraging customer behavioral data goes beyond mere number crunching; it's about building a lasting relationship with your customers by understanding what they truly want.
Data Reporting The Future of Retail: How Data Reporting is Shaping the Industry Data-driven insights, once solely relegated to the backrooms of enterprises, has now emerged as a pivotal asset in driving business decisions and strategies for retail brands of all sizes.
Data Analytics The Science Behind Markdowns: Understanding the Economics of Clearance Sales How can huge discounts designed to move out inventory end up being profitable? Let's dive into the science behind clearance sales in retail.
Analytics Is It Better to Build or Buy a Data Analytics Platform? Only 46% of retailers are actively investing in data analytics technology; and a paltry 11% have some cloud-based analytics capability at all.
Analytics What Makes Analytics USELESS (and How To Avoid It) There are a host of reasons why busy retail teams can’t be bothered with time consuming and repetitive reporting, especially when their time could be better used on tasks that materially affect the bottom line.
Analytics Making Cents from the $620 Billion Returns Problem Any retail manager will tell you that accounting for returns is a hassle, and if they’re honest, many will admit that they don’t track returns data nearly as much as they should.
