The retail landscape is undergoing a seismic shift with the merger of Glimpse Analytics and Retail Aware, two leaders in retail analytics and customer behavior insights. This strategic alliance, now operating under the Glimpse brand, aims to revolutionize data usage within the sector, delivering
The recent economic trends, particularly the rise in business inventories, have become a focal point for analysts and policymakers alike. As businesses accumulate stock in response to various market signals, questions arise about the implications for the broader economy and Federal Reserve policy.
GreyOrange, a prominent provider of supply chain robotics and AI technology, has launched a pioneering virtual shielding technology termed SoftFence, accessible via their gStore retail software as a service (SaaS) platform. Designed to elevate store execution, gStore facilitates real-time inventory
The comparison between e-commerce and brick-and-mortar retail models has become increasingly significant as consumer behaviors evolve and technology continues to reshape the commercial landscape. This article delves into various aspects of each retail model, analyzing revenue potentials, cost
Rite Aid's strategic transformation after emerging from an 11-month period in bankruptcy presents an informative case of leveraging data to revamp business models. This article explores how Rite Aid has utilized data analytics to optimize operations, enhance customer loyalty, and meet
Retailers increasingly face a persistent issue known as "phantom inventory," where system records show items as available that are not actually in stock. This discrepancy can lead to lost sales, customer dissatisfaction, and a cascade of operational headaches. Enter RELEX Solutions