5 Ways CB4 Improves Pharmacy Same-Store Sales
Among retailers, the pharmacy vertical is perhaps the most competitive and ruthless—acquisitions coupled with the emergence of online vendors mean there are fewer total players on the field, and those that still exist are bloated and fall short on customer experience. For example, while Walgreens’ same-store pharmaceutical sales increased by 5.1% in Q2 2018, their […]
Top Performers Reports: A Retail Blind Spot
Many retailers use a “top performing SKUs” report to some extent. The purpose of these reports is to help store managers figure out if they have an operational or supply chain issue for specific SKUs by comparing how these items perform in their stores compared to other stores. This approach might be as straightforward as […]
The Limitations of Traditional Retail Business Analytics
Retailers use reporting and business analytics are for a variety of purposes. These reports can help senior executives understand the overall performance of a store, region, or category. They can help pinpoint SKUs that are underperforming in stores. However, retailers often struggle to identify real problems at a SKU and store level and provide stores […]
