The selection of merchandise is a critical part of retail management. Assortment planning aims to ensure that an appropriate mix and quantity of retail inventory is stocked to meet customer demand. It ...

Choosing the right mix of products to sell in a retail store requires more than picking items with the best sales potential. Some products are magnets that bring customers into your store, others have ...

The fashion industry cannot plan for what its brands and buyers cannot see. What retailers can see, however, is the blind spot driving such siloes. Worldwide inventory distortion—comprising $1.2 ...

Problem definition: Assortment selection is one of the most important decisions faced by retailers. Most existing papers in the literature assume that customers select at most one item out of the ...

Co-founder at LEAFIO AI Retail Solutions, a supply chain optimization and automation expert for retail, distribution, and CPG manufacturing. Creating and maintaining an appealing and sought-after ...

Walmart’s announcement of a SKU rationalization project confirms the importance of this initiative for all retailers. In SKU (Stock Keeping Unit) rationalization, a retailer examines the profitability ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Recent industry discussions have revealed a shift in how ...

dunnhumby Assortment tool uses advanced AI to create customized, customer-centric and space-aware product assortments Tesco using dunnhumby's advanced AI tools to improve customer shopping experiences ...

Volatility in today’s markets is structural. Tariffs, trade controls and shifting supply lanes can introduce sudden cost shocks across product portfolios, from consumer packaged goods and apparel to ...

Global Collaborative platform designed to refine product mix, identify planogram inefficiencies and optimize product distribution – aligning suppliers and retailers on assortment CHICAGO--(BUSINESS ...