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Successful clienteling is not something that happens by accident. Retailers must strategize their customer relationships and get intentional about building them “from the ground up.” If you get this part of retailing right, you’re...
Without retail analytics, retailers of any stripe can’t know what’s working and what’s not. With that in mind, ChainDrive Retail Analytics software & Business Intelligence (BI) offers the following 5 keys to useful, actionable...
Retail business intelligence is the collection and analysis of key data that retailers can use to impact revenues, profits, and effectiveness. It primarily involves three key components: Collecting the right data Delivering that data...
No matter what kind of retail store you manage, flexible planning is essential to profitability, better customer service, and effective retail operations management. Here are four distinct ways to make your retail open-to-buy planning...
In June 2018, 49% of the world’s Internet users were in Asia. Only 8.2% were in North America. However, Europe had 16.8%, and Africa had 11%. What do these percentages mean in terms on...
Whatever sector of retail you serve, you’ve got to measure your success or you won’t have any. The one key tool necessary for measure all your key performance indicators is a retail analytics solution....
Store budgeting is one of the biggest challenges of retail store managers. Regional retail chain managers don’t have it any easier. You have to plan your merchandise purchasing around buyer habits and seasonal predictions,...
Some people think like accountants. Other people think like CEOs. Then there are the creative types who think outside the box and an entire spectrum of thinker-types besides. When all these different styles of...
Store budget can get out of control real quick if you don’t get a handle on it. But how do you do that? With product purchases flying out the door, customers rolling in and...
How does your e-commerce solution handle data? How should it handle data? The proverbial “it depends” just won’t cut it any more. There needs to be an effective and efficient way to handle data...
