Grading, Clustering and Store Attributing – Understanding the Basics

by Columbus Consulting

Retailers are always looking for ways to achieve the highest margins and least amount of markdowns for merchandise at each store. The key is to assign the merchandise where it is most likely to sell. To do this accurately, information is needed to derive each store’s selling uniqueness. Where is the store located? Is it in a mall, a college town or the middle of the city? Who is the customer?

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