Cutting the number of SKUs is on the todo-list of most retailers to make room for private brands and control stock levels. "So, what is the right approach to SKU, line and brand rationalization? What is the best way to reduce the risk of lost and confused shoppers and maximize returns? The right approach starts with understanding how the shopper organizes the category into distinct segments based on usage and purchase behaviors" Read more here in the white paper by Paul Thomson of Henry Rak Consulting Partners.o
Dig Into Best Digital Display Practices
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Digital signage—electronic screens showing video ads to shoppers in a
retail store—increased likelihood of purchasing the advertised items by an
average of...