Arūnas Vaitkus

Self-checkout counters are a part of the contemporary retail landscape. Researchers forecast that their utilization rate in retail stores will

On shelf availability (OSA) estimates the time and percentage a product is available for sale to customers on a store shelf. It is one of the key performance indicators for fast moving consumer goods analytics. The metric has direct correlation with out of stock rate and its impact can be measured by sales volume lost compared to actual sales.

The age of perfect customer experience is upon us. Although many shoppers turned online, physical stores are still the best way to convey the brand’s message and present your products. Top level brands invest a lot into carefully crafted ‘retail experiences’. So why does shopping at an Apple store or Nike shop makes you feel good?
Introducing retail footfall analytics. For a long time this technology was only available for high spenders. Computer vision footfall analysis finally made it available to smaller retailers too.

It is clear that old school brick and mortar retailers have to up their game to compete. Luckily a lot of nascent technologies are enabling retailers to catch up with the digital world. With the help of computer vision and other smart solutions, brick and mortar retail is making a comeback.