Market analysis is essential when making a decision on buying, selling, or leasing a property or land. It can also inform how you market and advertise the location. Using data and technological solutions, analysis can be completed efficiently and offer insights…
CPG Analytics Ultimate Guide 2025
Consumer Packaged Goods (CPG) retailers use analytics to get ahead of competitors and optimize operations. Using data analytics is key. But using it isn’t always straightforward. Keep reading to discover more about CPG analytics and how to use it. What is…
Retail Shrinkage Guide: Types, Causes & How to Prevent It
What is retail shrinkage? Retail shrinkage is when a retail company’s inventory has less inventory than recorded. For example, if a record store has an inventory of $5,000, but only has $2,000 in physical stock then shrinkage is $3,000 as some of…
Retail Site Selection Guide: Checklist, Data & Benefits
Retail site selection analysis is a strategic decision-making process done when selecting a retail location where a retail business chooses a new brick-and-mortar store that has high potential for foot traffic, sales, and branding. Done correctly, site selection can be the foundation of…
Competitive Intelligence Ultimate Guide: Essential Methods & Tools
What is competitive intelligence? Competitive intelligence is the strategic process of gathering and analyzing data on your competitors or wider market. It is also referred to as CI or corporate intelligence. Over 90% of Fortune 500 companies use competitive intelligence in…
Foot traffic data providers: 9 foot traffic data sources + examples
All foot traffic data providers must measure foot traffic while complying with privacy laws by providing anonymized data without personal identifiers. This type of data provides details such as income levels, transportation methods, education levels, and the number of visits to…
Customer Segmentation: Complete Step-by-Step Guide
Customer segmentation is a great way to understand your customers, how to meet their needs, and how you can best reach them. Done well, segmenting customers can increase sales and visits to your business. Keep reading to see how to segment…
Christmas Retail Industry Trends By the Numbers in 2023
The long-awaited holiday season is just around the corner. After some difficult years for the retail sector during the pandemic and the Russia-Ukraine war, the retail industry must now face cost-sensitive consumers during a cost-of-living crisis and inflation. While retailers can’t…
Retail Operations: Best Practices for Operational Efficiencies
Retail operational efficiency is a driving force of successful stores. It can make or break the shopping experience for customers and can decide the fate of your bottom line. By embedding best practices into your store operations, from inventory management to…
How to Start a Successful Pop-Up Shop: From Concept to Cash
Pop-up shops are a new way for customers to find, enjoy, and purchase your products. For new business owners or established retailers, a pop-up shop is an effective additional form of revenue and an addition to your retail marketing strategy. But…