Tagged: data

price management and retail profits

How To Integrate Price Management Across All Channels

Today’s retail landscape is like nothing that retailers have seen in the past. Multiple channels, customers with smartphones, and vast quantities of data make navigating tasks like price management overwhelming if traditional spreadsheets and manual...

home decor retailer management

Details and Data Drive Home Decor

Home Decor is a category of retailing that is driven by detail — and details are basically data. All the details that drive home decorating trends break down into data about colors, line, texture, current...

key performance indicators

Analytics: Your Most Important Retail Tool

There are some things that every retail operation has in common. One of those is the need for analytics. After all, you can’t change what you don’t measure, as the saying goes. But what...

How to Know What’s Going On In All Corners of Your Retail Stores

How to Know What’s Going On In All Corners of Your Retail Stores

Retail analytics is one of the least understood aspects of retail chain operations. If you’re a retail chain operations manager and your job is to oversee several hundred stores in several diverse communities, how...

The Incredible Value of Real-Time Data

The Incredible Value of Real-Time Data

Retail Analytics software enables a retailer to integrate all the appropriate data concerning a particular aspect of the business and analyze it in various ways. That flexibility extends to whatever the need of the moment...

retail merchandising

Merchandising Needs Analysis To Succeed

One of the constant challenges in Retail Merchandising is making sure the right product assortment is where the customer will find it for purchase. This challenge is met when all the data regarding inventory and...

How To Make Retail Reports Both Powerful And Actionable

How To Make Retail Reports Both Powerful And Actionable

Reports can be valuable tools providing information, insight, and inspiration, or they can be mind-numbing waves of meaningless words. The secret to making reports on retail analytics both powerful and actionable is using software...

How To Turn Data Into Dynamic Retailing

How To Turn Data Into Dynamic Retailing

Technologies that can handle big data in real time and allow for a granular view of the customer will take center stage in 2015. Operators need a more comprehensive, current and actionable view of the...

2 Reasons Your Retail Analytics Software Might Be Inadequate

2 Reasons Your Retail Analytics Software Might Be Inadequate

The ability to analyze what is happening in a business is an essential function. Software can greatly enhance retail analytics, but if that software is inadequate, it can cost a business time and money...

How Much Is Retail Technology Worth?

How Much Is Retail Technology Worth?

There are a lot of exciting developments in the world of retail technology. But in order to get the most out of that technology, your business needs to be selective about which things are...