RETAIL IS AT A TIPPING POINT
The retail industry is facing serious disruption. Sales continue to shift online leading to drastically decreased foot traffic in brick & mortar stores.
It has become more important than ever to get the right product on the shelves at the right price to avoiding new product failures and markdowns.
First Insight examined pricing and elasticity trends on over 90,000 items processed through InsightSuite -- the company’s predictive analytics...