British retail co-operative Central Co-op has implemented Retail Insight’s new Prompted Markdown feature. With the solution, Central Co-op can identify products near expiry, allowing the retailer to take action to minimise waste.
Read more >>Retail Insight
Retail Insight ruthlessly simplifies in-store operations for retailers and CPGs through a leading-edge execution software platform. Powered by a unique blend of retail expertise, pragmatic mathematics, and intelligent technology, it frees up associates to serve and sell, enabling them to create the perfect store.
Retail Insight has appointed Andy Brockway as its new Chief Technology Officer (CTO). The move is part of Retail Insight's growth plans to accelerate the product roadmap and innovation strategy for its software solutions that help retailers and their suppliers realise the full potential of every store.
Read more >>
Scottish retail co-operative Scotmid has extended its contract with Retail Insight to use its cloud-based WasteInsight software to reduce food waste in its 185 convenience stores.
Read more >>
A new wave of changes in shopper behavior is hitting retailers. Two large-scale studies conducted by Retail Insight demonstrate that on the one hand, retail customers complain about an increasing number of products being out-of-stock in-store. On the other hand, shoppers want retailers to reduce their environmental impact and significantly reduce food waste.
Read more >>
Food waste is a major problem. In Germany alone, 11 million tonnes of food ended up being thrown away in 2020, according to the National Statistics Office. Of this, 7 per cent (0.8 million tonnes) came from the retail sector. To combat food waste, 14 major German wholesale and grocery retailers signed an agreement with the Federal Ministry of Food…
Read more >>
