With a properly set up product information framework, retail brands can start translating data quality actions into tangible revenue gains and cost savings. If you’re Target, that can add up to millions.
To provide a seamless omnichannel experience, leading retailers are implementing technology to deliver unique recommendations, leveraging data to provide services across all channels, and developing global inventory pools for real-time access to items anywhere, at any time.
Once a markdown marathon begins and prices are slashed to sell, retailers' profit margins plunge at frightening speeds. Learn what you can do to maximize full-price sales, even in time for the holiday selling season.
At SAP's Retail Forum in Miami, Retail Prophet Doug Stephens explained why retailers need to sell experiences instead of stuff, Under Armour revealed why its transformation into a digital company better serves customers, and a former exec shares why data was Beyond the Rack's downfall.