Author - Iram
03Nov

We just studied 164 retail stores. The average store doesn’t exist

Author: Chris Hogan, CEO Key takeaways We measured 164 stores. Conversion averaged 21%, with top performers at nearly 47%. Customer-only traffic varied by >25x across different stores Each of these stores has a wildly different story that would’ve gotten buried in the average. We highlighted five of them Comparing your stores against each other, instead of against the average,...

By Retail Performance Analytics, Retail Sales Analytics, , 0 CommentsRead more...
Retail monitoring on a store floor: a manager with a tablet, a counted customer and a sale credited to the rep
14Oct

Less Work, Not More: How Smart Monitoring Should Save Managers Time

Key takeaways The problem with most retail monitoring reports is information a manager can't act on. A number with no store and no next step becomes a research project Done well, monitoring gives a district manager time back in five core areas Asking three essential questions before testing any tool will determine whether you’re saving time for your...

By Operations Management, Store Monitoring, , 0 CommentsRead more...