Thursday, September 27, 2018

Data Analytics Expected To Boost The Global Retail Market As Per TBRC’s Latest Report


Retailers provide the service of making goods available to consumers in convenient quantities and locations. Retailing involves buying from wholesalers or direct from manufacturers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers.

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TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the retail market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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Many retailers are adopting a robust and cohesive strategy for data analytics in management. From running an efficient supply chain to streamlining operations to engaging customers and building loyalty, data has become critical for most retail operations. With the growing amount of retail data and the availability of technologies to analyze data it will become easier for retailers to identify and meet the needs and expectations of their customers.



Companies included in the report are Wal-Mart, Costco, Kroger, Amazon Inc. and Home Depot.


The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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