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Assortment Planning

A collection of news, articles and other featured content about Assortment Planning.

Bed Bath & Beyond Suffers ‘Short-Term Pain’ as Store Traffic Slows

New CEO Mark Tritton cautioned that the retailer is experiencing “short-term pain” as it revealed sales decline over the holidays due to traffic decline and inventory woes. Shares plummeted on the indication of a tough turnaround ahead. Get the details.

Forecast Accuracy: Why It Matters and How to Improve It

Brick by brick every major business decision is built on the foundation of demand forecasts. However, forecast accuracy is something that is rarely talked about, except within supply chain organizations.

5 Ways Dollar General is Growing, Beyond Opening 1,000 Stores

While other retailers are closing doors, Dollar General continues to rapidly expand its physical footprint year after year. In 2020, the discount retailer has 1,000 new stores and 50% more remodeling projects planned. Learn about its expansion plans and the five additional ways its driving its business.

Why On-Shelf Availability Is Still An Issue (And How to Address It)

Consumers still prefer to shop in-store, but low on-shelf availability (OSA) and high number of out-of-stock (OOS) events can impact their retail experience.

Forecasting and Retail Analytics Going into 2019

Retalon partnered with Retail IT Insights to send a survey to over 5,000 retail professionals in order to understand their perspective on the importance of unified predictive analytics in retail.

Top Preferred Grocery Retailers

H-E-B has jumped ahead of Amazon and Costco to dethrone Trader Joe’s as the top U.S. grocery retailer in the 2020 dunnhumby Retailer Preference Index. Uncover all 14 grocers on the list and garner key findings from the study.

Shoe Carnival to Offer Customer-Centric Merchandise

Uncover how Shoe Carnival will harness retail tech to deliver localized assortments tailored to its specific customer segments, markets, channels and locations.

Nike’s Customer-Centric Retail Surges Sales

Nike revenue surged 10% in its latest quarter, fueled by an increasingly more direct connection to consumers, CFO Andy Campion says. Learn how Nike’s customer-centric retail model and technology investments are helping it race into 2020.

Inventory Precision: Drives Sales

The inventory accuracy of the average retailer is only 65%. That means most retailers are disappointing their shoppers as much as 3 to 4 times out of 10. Can you afford that much dissatisfaction?

JCPenney Focuses Turnaround Efforts on Boosting its Merchandising Strategy

A little over a year after CEO Jill Soltau took the reins of JCPenney, the retailer is still struggling to implement a turnaround. Hear the retailer’s plans for visual merchandising and e-commerce improvements as 2020 looms ahead.

Five Below Shakes Up Its Model

The discount retailer is making a major change to its business strategy that is at odds with its core value proposition. Find out what major shake up the retailer has on tap.

First Look: Nike Expands Its Data Concept Store Beyond Pilot

Nike is expanding its store concept that blends data science and personalized service, opening two new stores built from what it has learned from 80-plus tests delivered through the pilot. Peek inside these cutting-edge Nike shops.

See Inside JCPenney’s New Retail Lab: Penney’s

JCPenny has opened a living retail lab as a direct result of customer insights. Take a look inside the brand-defining store at the center of new CEO Jill Soltau’s plan to rebuild the chain.

How Grocers Can Prepare for a Meatless Thanksgiving

In this market, retailers need to be able to make faster, more intelligent, data-backed decisions. Find out how to make sure shoppers are finding the products they want, and avoid losing them to competitors.