How to Calculate Food Cost Percentage?

Introduction  We are in the midst of a food sector with razor-thin profit margins. Restaurants are struggling, and controlling food…

Retail Pricing Strategy: AI for Right Prices & Maximum Revenue! 

Introduction Retail success requires careful management of price, promotions, variety of products, and inventory availability. It would be an understatement…

AI for Retail Inventory Management

Introduction     Artificial intelligence, which was once a mainstay of science fiction films, is now a reality in business. A few…

The Importance of Customer Analytics in Retail

Introduction  The current retail dynamics are ever-changing, with the industry adapting to new trends, technologies, and customer preferences. And, in…

How Predictive Intelligence Transforms Retail? 10 Best Benefits!

Introduction  The retail industry is highly competitive. Everything is changing quickly, including trends, consumer preferences, corporate operations speed, and much…

Two Ways Data Analytics is Shaping Retail Businesses!

Introduction  Data analytics helps retailers build a strong business. Gone are the days when retailers depended entirely on intuition and…

Advantages of Business Intelligence in Retail Industry

Retail companies worldwide confront many common difficulties, including poor operational performance and effectiveness, unreliable and non-actionable information, wasteful resource allocation,…

Business Intelligence in Retail

Explore how business intelligence in retail can drive growth, optimize operations, and enhance customer experiences with Livelytics' expert insights and…