Problem Statement
A leading US-based apparel retailer sought retail assortment optimization to better reflect evolving consumer preferences. Store managers often relied on assumptions rather than data, leading to inconsistent product availability and missed opportunities. With over 5,000 stores and multiple in-house brands, the retailer needed a scalable, data-driven assortment planning approach to localize assortments and boost customer satisfaction.
Impact
- ~$5M incremental revenue from improved assortment planning.
- 7% sales growth across optimized store clusters.
- 75% of total revenue captured by top 10 optimized clusters.
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