Dick’s Sporting Goods uses data to gets its product right

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Dick’s Sporting Goods is using predictive analytics to optimize its merchandise assortment.

With a focus on getting its product right, the retailer announced a multi-year expansion of its partnership with First Insight. Dick’s has been using the company’s consumer-driven predictive analytics for nearly three years to make design, buying and pricing decisions on its branded and private label products in multiple categories, including sports equipment, apparel, footwear and accessories. 

Read the Full Article at Chain Store Age

Dick's Sporting Goods  Assortment Planning  pricing application  Product Selection  Product Differentiation  future of retail