The selection of merchandise is a critical part of retail management. Assortment planning aims to ensure that an appropriate mix and quantity of retail inventory is stocked to meet customer demand. It ...

Target will launch more than 2,000 items across multiple wellness categories, from functional beverages to beauty, nutrition and even men’s wellness. More than 600 items within this expanded ...

Grocery assortment planning has been upended by omnichannel. Grocers had been comfortable relying on broader, older models that identified underperforming products to remove from a store shelf, or ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

dunnhumby Assortment tool uses advanced AI to create customized, customer-centric and space-aware product assortments Tesco using dunnhumby's advanced AI tools to improve customer shopping experiences ...

Choosing the right mix of products to sell in a retail store requires more than picking items with the best sales potential. Some products are magnets that bring customers into your store, others have ...

Kicking off the new year with a focus on customers’ health goals, Target is growing its wellness assortment by 30%, per a Wednesday press release. The mass retailer’s merchandise expansion includes a ...

Co-founder at LEAFIO AI Retail Solutions, a supply chain optimization and automation expert for retail, distribution, and CPG manufacturing. Creating and maintaining an appealing and sought-after ...

Global Collaborative platform designed to refine product mix, identify planogram inefficiencies and optimize product distribution – aligning suppliers and retailers on assortment CHICAGO--(BUSINESS ...

Assortment optimisation and revenue management represent two intertwined disciplines that have garnered significant attention over recent decades. At their core, these fields address the dual ...