"
news feature
Retail / COVID-19 / In the News

Covid-19 Is Testing Retail Intelligence

Daisy Intelligence avatar Daisy Intelligence
Jun 18, 2020 5:46:12 PM

In a recent edition of Forbes Magazine, Bryan Pearson writes that Covid-19 is testing retail intelligence and questions if retailers will pass.

The question came to his mind after reading the following statement on Daisy's COVID-19: The End of Predictive Analytics in Retail blog post written by our CEO Gary Saarenvirta: “These turbulent times only reinforce the importance of being able to plan for the future based on the dynamics of retail rather than what has happened in the past.”

In short, Covid-19 is causing consumers to change their once-predictable purchasing behaviors dramatically, and in doing so it’s undermining the traditional statistical modeling retailers use to help frame their inventories, merchandising and marketing.

Visit the Forbes website to read the full article.
Retail, COVID-19, In the News
Daisy Intelligence avatar
Daisy Intelligence

Search

    Recent Posts

    download Daisy ebooks and whitepapers

    Popular tags

    Subscribe to our newsletter and learn how AI will provide a competitive edge and elevate your people to do the tasks only they do best

    Sign me up

    340 King Street East, 4th Floor, Toronto, ON M5A 1K8

    Phone: +1 905-642-2629

      Company
      AI Solutions
      Resources
      Legal

      Copyright © 2023 Daisy Intelligence Corporation - All Rights Reserved