Store Inefficiencies Are Eroding Retail Profits
A report by Coresight Research highlights that store inefficiencies are significantly impacting retailers' profits, with 6.4% of gross sales lost due to issues like out-of-stocks and pricing errors. Larger retailers are adopting advanced technologies more rapidly than smaller ones, widening the maturity gap in the industry.
Topics: automation in retail out-of-stock management retail inefficiencies store intelligence technologies