Assortment | Jotup

Multinational Consumer Goods Manufacturer Sees 4% Brand Share Expansion with Quantzig's Retail Merchandising Solutions

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금요일, 4월 12, 2024

Intelligence, Development, Algorithm, Machine learning, Assortment, Growth, Consumer, Retail

This remarkable success follows the implementation of Quantzig's tailored Retail Merchandising solutions .

Key Points:

This remarkable success follows the implementation of Quantzig's tailored Retail Merchandising solutions .
In an era defined by rapidly evolving consumer preferences and dynamic market landscapes, achieving retail excellence demands more than just traditional strategies.
It requires a profound understanding of consumer behavior, meticulous planning, and innovative solutions tailored to meet the demands of the digital age.
One company that has emerged as a trailblazer in this domain is Quantzig, a global analytics and advisory firm renowned for its transformative retail solutions.

VML Augments Digital Commerce Capabilities by Forging Partnership with CommerceIQ’s Unified Artificial Intelligence Platform

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화요일, 3월 19, 2024

Assortment, Growth, REM, Amazon, Intelligence, Partnership, Digital, Retail media, VML, IP, Commerce, Rating, WPP, Plan, Marketing, Retail

Building on the agency’s unmatched end-to-end creative commerce capabilities, this partnership allows for the exchange of insights across the providers to improve a brand’s experience within eRetail environments globally.

Key Points:

Building on the agency’s unmatched end-to-end creative commerce capabilities, this partnership allows for the exchange of insights across the providers to improve a brand’s experience within eRetail environments globally.
Harnessing crucial insights on product performance, coupled with a rigorous evaluation of content quality, VML ensures the highest standards in product presentation and performance.
Combined with VML’s Commerce Intelligence platform, brands benefit from precise targeting capabilities, efficient budget allocation and streamlined content strategies that resonate across different retail channels.
"Combining VML’s unmatched strategic and creative capabilities and CommerceIQ’s end-to-end AI-powered platform will create a win-win situation for brands, and we can’t wait to get started."

Murphy USA Announces Executive Leadership Changes to Drive Next Wave of Advantaged Growth

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수요일, 2월 21, 2024

Murphy USA Inc. (NYSE: MUSA) (“MUSA” or the “Company”) today announced executive leadership changes effective March 1, 2024.

Key Points:

Murphy USA Inc. (NYSE: MUSA) (“MUSA” or the “Company”) today announced executive leadership changes effective March 1, 2024.
The Company announced the Board of Directors elected Mindy West to the newly created position of Executive Vice President and Chief Operating Officer.
In this elevated role, Mindy will have responsibility for both the Murphy USA and QuickChek brands, including store operations, merchandise, marketing, and fuels.
“Today’s changes reflect our continued commitment to deliver profitable growth, disciplined capital allocation, and effective leadership development and succession planning,” said Andrew Clyde, President and Chief Executive Officer.

Consumer Durables Analytics Veteran Peter Greene Joins Datavations

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월요일, 1월 22, 2024

Nielsen, Software as a service, Assortment, NPD, Software, Masco, Durable good, Growth, Retail

NEW YORK, Jan. 22, 2024 /PRNewswire-PRWeb/ -- Datavations, Inc., a leading developer of market research software utilizing proprietary datasets, announced that Peter Greene, a veteran of the Consumer Durables Analytics market, has joined as Vice President of Strategic Business Development. The announcement comes closely on the heels of the announcement, last year, that the company secured $4.2MM in Seed funding (https://bit.ly/4b8QZ0u).

Key Points:

Datavations, Inc., a leading developer of market research software utilizing proprietary datasets, announced that Peter Greene, a veteran of the Consumer Durables Analytics market, has joined as Vice President of Strategic Business Development.
NEW YORK, Jan. 22, 2024 /PRNewswire-PRWeb/ -- Datavations, Inc., a leading developer of market research software utilizing proprietary datasets, announced that Peter Greene, a veteran of the Consumer Durables Analytics market, has joined as Vice President of Strategic Business Development.
With over 30 years of experience building, restoring and growing market research business focused on consumer durables, Greene joins Datavations from Numerator where he was the Practice Director.
Greene will work with Chief Revenue Officer, JR Becko to bring the company's unique SaaS solution to a broad group of Consumer Durables companies.

o9 Solutions to Support M&S With the Digital Transformation and Upgrade of Its Clothing & Home Planning Systems

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월요일, 1월 15, 2024

o9 Solutions , a leading software platform provider for integrated planning and decision-making, has announced that it will be supporting M&S’ Clothing & Home business in the digital transformation of its end-to-end planning systems as the retailer reshapes for sustainable growth and value creation.

Key Points:

o9 Solutions , a leading software platform provider for integrated planning and decision-making, has announced that it will be supporting M&S’ Clothing & Home business in the digital transformation of its end-to-end planning systems as the retailer reshapes for sustainable growth and value creation.
o9’s AI-powered platform - Digital Brain - will replace and modernize M&S’ existing systems across merchandise planning, sales stock & intake, and range planning – bringing them together into a singular integrated platform.
Phase two of the program will see M&S’ current forecasting and replenishment systems also replaced and integrated onto the platform.
Last week the retailer updated the market on its Christmas trading with Clothing & Home sales increasing by 4.8%.

Amazon Leads U.S. Grocery Retailers in Personalization Followed by H-E-B and Kroger, dunnhumby Finds

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화요일, 11월 14, 2023

In this inaugural RPI for Leadership in Personalization, dunnhumby found that Amazon stands apart from all other retailers followed by H-E-B in second and Kroger rounding out the top three.

Key Points:

In this inaugural RPI for Leadership in Personalization, dunnhumby found that Amazon stands apart from all other retailers followed by H-E-B in second and Kroger rounding out the top three.
“The goal of this report is to help retailers improve personalization as a whole – the way customers define it.
The PRPI includes 65 of the largest grocery retailers in the industry that sell everyday food and non-food household.
Retailers included in the RPI that are interested in receiving their individual banner profiles can speak with their dunnhumby account executive or contact dunnhumby at: https://www.go.dunnhumby.com/personalization-deep-dives .

dunnhumby to Showcase Customer Data Science and Retail Media Solutions during Groceryshop 2023 from September 19-21

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금요일, 9월 15, 2023

Partnership, Assortment, Contextual integrity, Research, Retail media, Galleria Retail Technology Solutions, Dunnhumby, Gartner hype cycle, Publication, Ecosystem, Category management, Digital, Clothing, Marketing, Online shopping, Retail, Gartner, Mandalay Bay

LAS VEGAS, Sept. 15, 2023 /PRNewswire-PRWeb/ -- dunnhumby, the global leader in customer data science, today announced the company will be exhibiting and demonstrating its full portfolio of retail and brand solutions for retail media, price and promotions, and retailer assortment at Groceryshop 2023 being held at Mandalay Bay in Las Vegas, Nevada from September 19-21. dunnhumby will be exhibiting at booth A1150 during the conference.

Key Points:

dunnhumby Price and dunnhumby Promotion – provides a streamlined approach to pricing and promotions, maximizes category financial performance in line with customer wants.
dunnhumby Sphere – an all in one platform that allows retailers and brands to plan, execute, and measure the impact of omnichannel retail media.
Gartner, Hype Cycle for Retail Technologies, 2023, Max Hammond, 21 July 2023.
Gartner, Hype Cycle for Digital Commerce, 2023, Sandy Shen, 17 July 2023.

NIQ to expand availability of NIQ’s Activate platform on Google Cloud Marketplace

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수요일, 8월 30, 2023

NIQ, the leading global provider of measurement and analytics, today announced the Activate Platform will be available on Google Cloud and available on the Google Cloud Marketplace this Fall .

Key Points:

NIQ, the leading global provider of measurement and analytics, today announced the Activate Platform will be available on Google Cloud and available on the Google Cloud Marketplace this Fall .
“We are excited to partner with Google Cloud to make our Activate Platform available on Google Cloud and Google Cloud Marketplace,” said Jamie Clarke, Head of North America Retail, NIQ.
The first two modules (Category & Customer Insights, and Personalization), of the Activate Platform on Google Cloud Marketplace will be available in the fall of 2023.
The platform will be fully integrated with Google Cloud products, such as BigQuery, Dataproc, and Cloud Dataflow.

HIVERY's AI Uncovers Latent Shopper Insights, Gains Industry Recognition, and Drives Category Growth for Clients

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수요일, 5월 31, 2023

CPG, Next, Assortment, AI, CB Insights, Marketing, Behavior, Retail, Gartner

SYDNEY, May 31, 2023 /PRNewswire/ -- HIVERY has been garnering recognition in the retail technology sector, making significant appearances on Fast Company's list of the World's Most Innovative Companies, CB Insights' Retail Tech 100, and Gartner's reports. The secret behind this success? A unique blend of proprietary AI and operations research techniques, transforming store-level data into actionable insights for retailers and CPG category management brands and marketing teams.

Key Points:

A unique blend of proprietary AI and operations research techniques, transforming store-level data into actionable insights for retailers and CPG category management brands and marketing teams.
Traditional consumer research methods, including primary customer research and shopper insight panel data, often fail to deliver actionable business insights.
With recommendations executed in stores, retail, and CPG clients' experience, on average, 5% category growth.
By decoding store-level data to identify latent shopper segments and inform retailers and CPG category management brands' strategies, HIVERY is paving the way for the future of retail.

Destination XL Group, Inc. Reports First Quarter Financial Results

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목요일, 5월 25, 2023

Destination XL Group, SG, Comparable, Marketing, DXL, Assortment, EBITDA, Investment, Risk, Corporation, Growth, EPS, Shoe, Hand, Environment, Video game, Security (finance), Retail

CANTON, Mass., May 25, 2023 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated-commerce specialty retailer of Big + Tall men’s clothing and shoes, today reported operating results for the first quarter of fiscal 2023, and provided an update on sales and earnings guidance for the fiscal year.

Key Points:

Total sales for the first quarter were $125.4 million, down 1.7% from $127.7 million in the first quarter of fiscal 2022.
Comparable sales for the first quarter of fiscal 2023 increased 0.6% as compared to the first quarter of fiscal 2022.
Total sales for the first quarter of fiscal 2023 were $125.4 million, as compared to $127.7 million in the first quarter of fiscal 2022.
Adjusted EBITDA, a non-GAAP measure, for the first quarter of fiscal 2023 was $12.6 million, as compared to $17.3 million for the first quarter of fiscal 2022.