Wolverine optimizes merchandising with predictive analytics

August 18 2020 by Dan Berthiaume from Chain Store Age

 

A footwear/apparel retailer is obtaining near-real-time customer insight to aid product development, assortment, pricing and marketing.

 

Wolverine Worldwide is integrating First Insight’s Voice of the Customer retail predictive analytics solution across its portfolio, which includes the Merrell, Sperry, Hush Puppies, Saucony, Wolverine and Keds brands. (The company Wolverine commerce sites as well as third-party retail partners.)

 

By deploying the new solution, Wolverine intends to further leverage data in its product decision-making process, enabling its portfolio of 12 brands to increase speed-to-market, sell-in and sell-through, as well as reduce markdowns. Predictive feedback from consumers can be delivered in 24-48 hours.

Read the Full Article at Chain Store Age

pricing  partnership  predictive analytics  Assortment  Reduce Markdowns  partnerships  marketing  product planning  sell through  Voice of Customer Analytics  Wolverine Worldwide

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