Big Box Stores.

Vertical-Focused Business Intelligence & Data Analytics

Big Box and Superstores-1

20/20 Retail for Big Box Stores

A big-box store (also known as a supercenter, superstore, or megastore) is a retail store that occupies an enormous physical space and offers a variety of products.  These retailers can offer general merchandise or can be a specialty store which specializes in good within a specific range such as hardware, books, or consumer electronics.  Because volume is high, the profit margin for each product can be lowered to keep pricing competitive.  In this highly competitive space, it's imperative for operators to have full transparency into the company's operations in order to determine efficiency and maximize inventory turnover.
2020 favicon

20/20 Retail™ is a full-service retail-focused business intelligence and data analytics solution.  20/20 takes your data and processes it on a daily basis to find events and patterns so that they can be presented to you as easily understood alerts and tangible opportunities.  Rather than requiring a team of individuals to mine through long lists of orders to find single events, 20/20 aggregates all of your data in one place so that you can view the company, store, employee, and item performance at a glance simply by logging in.
Alerts DB iPad
Big box retail proprietary credit cards

Use Case - Boosting Sales with Proprietary Credit Cards

This big box retailer knew that their associates weren't pushing for credit card sign-ups at the register as aggressively as they could.  Unfortunately, business leaders had no way to determine if these cards were having a big enough impact on sales to justify proper training for cashiers and/or discounts to encourage customer credit card registrations.  

Download Use Case

Chain Wide

Big Box Store Operations

Ensure that your associates, managers, and stores are performing as efficiently as possible by monitoring their sales productivity.  20/20’s specialty operations software monitors sales performance metrics like upselling, promotion execution, and customer throughput against labor.  These metrics are available on dashboards as opportunities, visible through many report visualizations, or can be sent directly to an individual with a prescriptive alert.

Examples

  • Monitoring labor efficiencies from throughput to average transactions per employee per store
  • Identifying sales productivity of items, locations, and employees
Data Security

Big Box Store Loss Prevention

Retail loss prevention teams drive awareness and reduce losses attributed to employee fraud and operational shrink. 20/20’s specialty loss prevention software helps your LP teams bring hidden sources of profit loss to light through analysis of common retail fraud schemes, training processes, and procedural issues that can possibly be improved. Anything identified by 20/20 to be suspicious or warrant attention is then available as a closed loop workflow so that you can ensure that your LPM’s and LPDM’s are following through on the issues flagged by 20/20.

Examples

  • Potential coupon fraud through dollar/quantity thresholds
  • Markdowns highlighted as a negative value metrics
  • Non-receipted returns associated with high theft items
iPad Screenshot-1

DOWNLOAD THE DATA SHEET

Download Now
Align

Big Box Marketing & Promotions

Gain key insights into the promotional effectiveness of marketing efforts.  Analyze historical data to determine the best performing promotions and use this information to shape future campaigns.  Quickly compare marketing and promotional cost to margin impact to ensure that efforts are driving total profitability, not just unit sales.

Examples

  • Determining the effectiveness of a giveaway, BOGO or discount
  • Monitor promotion spend to identify internal and external abuse or misuse
  • Test and measure promotions in key areas to optimize before rolling out to the enterprise
Performance-1

Big Box Store Reporting and Finance

Rank locations by financial performance and compare actual expenditures to planned budgets.  Reports can quickly be created to monitor trends, create relationships between any integrated data sources, or help stay compliant with changing regulatory requirements.  Create, edit, and view reports with 20/20's easy to use drag-and-drop, click to drill down functionality.

Examples

  • Monitor important KPIs like inventory shrink, financial performance, sales metrics, and more
  • Easily share information between departments
  • Save time by limiting manual data entry requirements without sacrificing transparency
Query iPad w Receipt View

Contact us today

Please feel free to contact us anytime.

sales@agilenceinc.com

Call us

Office

1020 Briggs Road Suite 110, 08054 USA

Drop us a line