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Unlocking Retail Growth: The Power of Network Analytics for Strategic Insights

Retail TouchPoints

The retail landscape is transforming, driven by rapid technological advancements and changing consumer behaviors. Against this backdrop, network analytics emerges as a pivotal tool for retailers. Leveraging network analytics in inventory management extends beyond maintaining optimal stock levels.

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Consolidation and live shopping: Four e-commerce trends to watch in 2023

Inside Retail

This has already started unfolding in the Australian market, which has historically been much more supportive of specialty retailers. In Australia, the battle lines between marketplace and direct-to-consumer (DTC) were drawn, and now, the battle has been won. Multichannel e-commerce experiences.

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What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

It calculates the number of times average inventory is sold during a period. A higher turnover ratio means inventory is sold more times throughout the year. This indicates strong sales and effective inventory management practices. A lower turnover ratio means inventory sits on shelves longer before being sold.

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12 Critical Retail Industry Performance Metrics (2020)

Retalon

Most Important KPIs for the Retail Industry in 2020. Navigating changing consumer tastes and the evolving technology landscape has always made retail a challenging industry. Today, it is more important than ever for retailers to have a tight grip on the state of their business. In-Stock Percentage.