Retail Insight

• Booth: 644, MR163

At Retail Insight, we are on a mission to transform the retail industry with cutting-edge SaaS solutions. Our passion lies in equipping retailers and consumer packaged goods companies with powerful AI-driven solutions to maximize their efficiency and boost profitability. We are committed to delivering real-time insights that recover sales, improve productivity, and reduce waste. Our user-friendly solutions are seamlessly accessible and designed to offer instant access to valuable insights and recommendations, empowering businesses to effortlessly overcome operational challenges. What truly sets us apart is our practical, results-driven approach, supported by advanced mathematical techniques and deep industry knowledge. The effectiveness of our solutions is consistently demonstrated in their ability to drive sales, minimize losses, and optimize retail efficiency. Leveraging 10% of global retail data, we offer unparalleled actionable insights and rapid time-to-value. Our approach to seamless integration with diverse data platforms accelerates deployment, ensuring a smooth and quick implementation process. At the heart of our approach is our unique cognitive technology, which seamlessly blends human expertise, advanced analytics, and mathematical techniques. If you are eager to unleash the power of your data and take your retail performance to new heights, we invite you to share your challenges with us.

 Press Releases

• BP renews with Retail Insight until 2027 (Jan 07, 2025)

  BP provides high-quality fuel, food, and beverages to motorists and shoppers across the UK, operating over 300 convenience stores as part of its partnership with M&S Food. BP’s ambition to grow its convenience business and become the first choice for customers on the roadside is evident in the enhancements it is making to its offer and network.
  
  Since 2019, we have worked hard to ensure that WasteInsight supports its efforts to increase customer satisfaction by reducing food waste and implementing dynamic price markdowns. As a result, we are thrilled that BP has decided to extend our contract with them for three more years. 
  
  “The implementation of dynamic markdowns has not only reduced waste, but also significantly improved our sell-through. We are looking forward to seeing continued improvements over the coming years.” Said Hannah Munns, UK Trading Director.
  
  Click here to find out more.

• Retail Insight continues work with Marks & Spencer (Jan 07, 2025)

  Marks & Spencer (M&S), a cornerstone of British retail, operates over 1,000 stores in the UK, in addition to well-known franchises like WH Smith and Moto. Renowned for its high-quality food, clothing, and home products, M&S has consistently been at the forefront of retail innovation and customer satisfaction.

  To support M&S’ Plan A strategy, WasteInsight has delivered a dynamic solution that leverages data analytics and machine learning to reduce waste, increase sell-through, and optimise pricing. Our work has resulted in an extension of our contract for a further three years with the retailer, where we will look to continue to deliver results. 
  
  To find out more about our work with M&S you can read the full release here. 
  
   

• Asda tackles phantom inventory with Retail Insight (Jan 07, 2025)

  Founded in the 1960s in Yorkshire, Asda is one of Britain's leading retailers. With over 145,000 dedicated Asda colleagues they are able to serve more than 18 million people every week. Asda's estate has a range of formats including supercentres, superstores, supermarkets, Living stores, petrol filling stations and depots across the UK.
  
  With over 800 locations and 18 million customers per week, Asda inevitably identified the effects of phantom inventory and were looking for a scalable solution that was easy to integrate across their estate.
  
  Through the deployment of our solution InventoryInsight, we were able to deliver substantial results for the retailer, which included: 

  • a 63x ROI since launch;
  • 1.6m units removed from inventory; and 
  • 19 units removed, on average, per worked alert. 

  You can find out more about our data-led approach to working with Asda by clicking on the link here. 

• Empowering revenue growth with Mondelez (Jan 07, 2025)
  Mondelēz International empowers people to snack right in over 150 countries around the world. They are one of the largest snack companies in the world with global net revenues of approximately $31.5 billion in 2022. They have operations in more than 80 countries and employ approximately 91,000 diverse and talented employees in their factories, offices, research & development facilities and distribution activities around the world.
  
  For over 15 years, we have partnered with Mondelēz International to help them improve trade promotion efficiency and effectiveness and it's the reason why Thiago Valsani, IT Senior Director of Revenue Growth Management stated, "Retail Insight's RGMInsight solution has been the backbone, unifying our efforts and contributing to our success in the dynamic consumer goods landscape."
  
  Find out more about the work we do with Mondelez as well as the results by clicking here. 

• Your Co-op innovates through prompted markdowns (Jan 07, 2025)
  Your Co-op is operated by The Midcounties Co-operative, one of the largest independent UK co-operatives. With over 700,000 members, it is dedicated not just to grocery retail but also to creating positive impacts within its local communities. Their dedication to minimizing environmental impact is showcased through their waste reduction initiatives and achievements.
  
  It has been incredibly rewarding to work with Your Co-op to support their ambitious sustainability efforts, and we have done this through two of our core WasteInsight modules: Dynamic and Prompted Markdowns. The former leverages AI to deliver smarter markdown pricing, and the latter automatically alerts store staff to near-expiring products. When combined, not only does Your Co-Op realise substantial sell-through and productivity benefits, but it also minimizes waste destined for disposal.
  
  Find out more about our work with Your Co-op here.

 Products