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Retail Analytics And Optimization For Store-Wide Shelf-Space Management, Tulay Flamand
Retail Analytics And Optimization For Store-Wide Shelf-Space Management, Tulay Flamand
Doctoral Dissertations
A major constituent of modern-time economies, retailing is a vibrant business sector that is marked by high competition, tight profit margins, novel business strategies in online and in-store environments, and demanding consumers. Driven by massive volumes of point-of-sale data, retail analytics has become instrumental for unveiling better managerial practices. Our research falls under the umbrella of retail shelf space management. In self-service outlets, shelf space constitutes a scarce resource and its management is central to ensuring an attractive shopping experience and a profitable business. We investigate how, under a given store layout, the allocation of product categories can be optimized …