Maximizing the sales, profit and customer loyalty generated by their retail space continues to be at the top of a retailer's priority list. Despite the investment made by many of these organizations, they seldom have accurate information of the macro space in each location, the equipment that occupies it, or indeed the strategic measures that will drive optimal floor performance.
To address these challenges, retailers critically require a platform that enables the accurate planning and optimization of floor space that can be effectively communicated and executed across its store estate.
To succeed in attracting today’s multi-channel shoppers and grow the spend of existing customers, retailers need an integrated floor planning solution that rapidly identifies opportunities for sales and profitability growth. This should include a streamlining of store layout design, ability to easily optimize category space, effectively execute floor plans and rapidly address operational issues. In doing so, retailers can improve organisational visibility and accelerate decision making. This will significantly improve collaboration and communication across their store estates and drive increased performance.