Reading Time: 10 minutesAccording to Statista, global inventory distortions cost retailers as much as USD 580 million. Also, the value of grocery retail items going out of stock exceeds USD 500 million. Add increasing fulfillment costs for merchants, longer lead...

Reading Time: 4 minutesWith a staggering 150 Million+ convenience stores and a record 160 million transactions per day in the US alone, convenience store retail emerges as a delectable opportunity. However, 42% of the customers shopping at C-stores consider “having...

Reading Time: 4 minutesResearch shows that the global convenience store market size is USD 663.5 billion, and the revenue projections sit at the USD 3.12 trillion mark for 2028. While the numbers paint a decent picture, stock issues, shrinking profits,...

Reading Time: 3 minutesPoor cash flow, pressure from suppliers, locked-in capital, and high wastage – the list of disadvantages of poor replenishment can go on very long to become every retailer’s nightmare. Seasonality, multi-variate demand planning, multi-echelon inventories, inter-SKU effects,...

Reading Time: 4 minutesIn an era where all the customers’ whims and nuances get delivered within minutes to the doorsteps, staying ahead of the customer sentiment while keeping the unit economics intact with optimal inventory in offline retail, is a...

Reading Time: 5 minutesRyan, head of supply chain at a leading beauty retailer, thought he’d nailed the skincare order—all products were in high demand last summer, and he even adjusted the order for demand fluctuations in the last few months....

Reading Time: 4 minutesEarlier categorized under the standard umbrella of cosmetics, the sector has now branched into health, beauty, personal care, skin care, wellness, and more. What makes it a definite opportunity for retailers is the fact that the industry...

Reading Time: 6 minutesIn the bustling world of health, beauty, and wellness retail, staying ahead of the curve is not just a strategy – it’s a necessity. With customers demanding more personalized experiences and seamless transactions, retailers are faced with...

Reading Time: 4 minutesAh, the joyous season is almost upon us, and retailers are donning their festive hats to prepare for the promotional whirlwind – scrambling to finalize the assortment and promotions for the season. Yet, amidst the tinsel and...