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Price management involves more than just changing prices for Christmas and changes of season. It’s an ongoing retail operations task that is best done by a long-term strategy in mind. If you want to...
In retail planning, open-to-buy (OTB) is one of the most important concepts to understand. By calculating your OTB you can ensure maximum profitability and keep your inventory management practices on target. Here are the...
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...
You can’t know if you are succeeding unless you are measuring your results. Retail analytics is an area of business that many retailers try to focus on but come up short on due to...
