Retail Management Blog
Explore Trax’s latest resources, blog posts, client success stories and webinars that will help make an impactful difference to the retain management strategy of your organization. From how to guides and solutions relating to the retail and CPG industry, to all the latest retail news and sector developments, Trax’s retail management blog covers all the areas that you will need to improve the bottom line of an organization and help optimize its retail management implementation.
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We caught up with Flora Bondici, Chief People Officer at Trax, to get to know her and learn how the HR team has been busy helping Traxers navigate the coronavirus pandemic.
Tell u...
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COVID-19 has accelerated many recent consumer trends. The Future of Retail-Tech: Emerging Landscape in Israel report from Deloitte discusses eight of them and how retailers and man...
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In our quest to find out how the analytics and insights space is evolving in the consumer packaged goods (CPG) industry, we recently spoke with some trail-blazing analytics executi...
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In-store promotions have forever been used as a growth lever in the physical retail world. For manufacturers, promotions may account for as much as 25 percent of gross sales.
While...
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The COVID-19 pandemic has reset retail. With on-premise channels such as hotels, bars, restaurants, and airports suspending their operations or permanently shutting down, an estima...
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In-store promotions have forever been used as a growth lever in the physical retail world. For manufacturers, promotions may account for as much as 25 percent of gross sales.
While...
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As a result of the COVID-19 crisis, many consumer goods companies (CPGs) have been forced to rapidly shift from a growth mindset to one that’s bracing for a long-term recession. ...
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The evolution of the retail landscape in recent times has been rapid. Without shelf insights, retailers and brands are engaging in execution activities, in the dark.
Body wash m...
n the latest range review by a major retailer for products in the body wash category, a leading brand noticed that their overall share of shelf had gone from 50% to 35% across stores. The Sales management team decided to evaluate their retail shelf execution, to better understand how this impacted their sales.
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Determining the right product assortment is crucial to retail success. The ability to interpret in-store conditions in the context of space and sales helps brands improve SKU produ...
There are two dimensions to product assortment: product breadth and product depth. The number of different lines kept in stock determines product breadth, and product depth measures the number of units of each line.
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To our Trax community,
We recognize this is an enormously difficult and unprecedented time in the world. At Trax, operating in over 80 countries, we are concerned about the COVID-1...
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Computer Vision (or image recognition) technology is now being used by many consumer goods manufacturers to both save sales representatives time in the store and get a more accurat...
To grow, brands must come readily to the shopper’s mind at the point of purchase, and products should be available at the right price and the right place. The pressure on manufacturers to rethink their retail execution practices is massive, and the time to evolve is now.
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When visual artist Danielle Tay entered the Trax Singapore office, she sensed an unmistakable air of cheer and positivity. The people, the ambiance and the facilities all embody wh...