McKinsey quote of the day

“Looking to the future, retailers should consider more novel ways to incorporate data and analytics into the merchandising universe. They should also seek a more diverse set of data sources instead of an overreliance on historical data. Nearly a quarter of merchant leaders cited as a top long-term priority the use of advanced analytics and AI to influence product development and to rapidly test concepts before they go to market.”

Navigate the complexities of modern retailing and the importance of data in "Six strategic priorities for modern merchant leaders"