7 KPIs to Track & Harness Your Retail Store Performance
Retail continues to evolve rapidly. According to the National Retail Federation (NRF), U.S. retail sales are projected to reach between $5.23 and $5.30 trillion in 2025, marking a growth of...
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Harnessing Retail Data: Features, Benefits, and Selection Strategies for Analytics Software
Retail analytics software encompasses a range of tools and platforms designed to collect, process, analyze, and visualize data relevant to retail operations. These solutions leverage advanced algorithms and techniques to...
How Artificial Intelligence is Reshaping Retail & CPG Marketing
In today’s fast-paced retail and consumer packaged goods (CPG) industries, staying ahead of the competition presents a constant challenge. Indeed, traditional marketing strategies are no longer sufficient in the digital...
Unlocking Retail Success: How BI Solutions Streamline the Supply Chain for Optimal Efficiency
In the ever-changing retail landscape, success hinges on delivering products efficiently, meeting customer demands, and staying ahead of the competition. Streamlining the supply chain is crucial for achieving these goals....
How to Use Retail Analytics to Enhance Customer Experience and Boost Sales
Digital transformation has empowered online retailers with more data than ever before. By utilizing retail data analytics, retailers must leverage this data quickly to stay ahead of competitors. With the...
ChatGPT in Retail – How Retailers Can Use ChatGPT to Enhance Customer Experience and Drive Sales
The retail industry is evolving rapidly. New technologies like ChatGPT, AI, AR (augmented reality), and VR (virtual reality) are reshaping the shopping experience. These innovations help retailers create seamless omnichannel...
Why Do You Need Business Intelligence for Your Retail Business?
Retail analytics powered by retail business intelligence (BI) is transforming the retail industry. As digital transformation takes hold, BI is now essential for making data-driven decisions. Leading retailers use BI...
6 Ways to Convert Data into Dollars
The retail world is evolving quickly. Technology and digitalization are advancing at an unprecedented rate. To stay ahead, retailers need the best tools, products, and information. That’s where retail analytics...
5 Challenges in Retail Management Faced by Retailers When They Don’t Have Accurate Reporting and How to Overcome Them
In today’s competitive retail world, accurate reporting is essential. Retailers who don’t use data effectively face numerous challenges. According to the National Retail Federation (NRF), 50% of retailers struggle with...