Target

 

"Target's been using DemandTec since 2006...  We have been pleasantly surprised at the results.  We are getting better returns than we expected in terms of either moving the needle on sales units, sales dollars, or gross margin in the direction that we were hoping for in each category."

 

– Shelley Hyytinen, Vice President of Merchandising Process and System Development
Target Corporation

 

Challenges

 

Bring more science to the art of merchandising

Fully leverage the investment the company made in guest data

Move guest insights from the marketing domain into the hands of the merchants
who own the P&L

Fully deploy and scale this process without employing an army of analytics talent

Combine store data with market data, business knowledge, and science for maximum impact

 

Solution

 

Complete suite of DemandTec retail solutions

 

Key Benefits

 

Combined user-friendly software with scientific algorithms that generate optimized decisions with predictive analytics

Helped Target merchants reap the rewards of a science-based approach to making core merchandising decisions about range and price

Improved sales units, dollars, and gross margin; enhancing customer price perception

 

Customer Assets

 

IGD Convention, London, UK (2010) Shelley Hyytinen, VP of Merchandising Process and System Development, Speech

   

Interview with Shelley Hyytinen, VP of Merchandising Process and System Development, Target Corporation

   
Press Release: Target Selects DemandTec for nextGEN Assortment Optimization
   
Press Release: Target Selects DemandTec for Collaborative Shopper Insights and Extends Commitment to Other nextGEN Solutions