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The retail shelf is at the center of the omni-channel explosion. Stockouts, poor visibility and inaccurate inventory systems have been the industry norm for decades. Now, all of sudden, with the addition of online shoppers, five or six different parties can all be vying at the same time for that single item left on theRead more

In late January, a major influencer and thought leader in the retail space, Chris Walton, published an article in Forbes titled “5 TRENDS WILL CONVERGE TO CHANGE RETAIL EVEN FASTER IN 2021.”  Chris is the CEO of Omni Talk & Third Haus and former VP Store of the Future at Target who produces some ofRead more

What a difference a year makes. Last year, we were on stage in Las Vegas at Groceryshop and talking to brands and retailers face-to-face. This year is all virtual. But, we are present and eager to meet you. Pensa has been ramping up its activities during 2020, as the pandemic accelerated the need for Pensa’sRead more

The COVID-19 crisis has continued to evolve rapidly over these last few weeks and drive substantial impacts to the grocery retail industry. As Pensa continues to capture real-time shelf data across a number of categories and geographies, we have a unique vantage point on what is happening. A little more than a month after theRead more

First off, we owe a debt of gratitude to the grocers, their manufacturers and the armies of men and women who work in the stores, in the warehouses and along the entire supply chain. We’ve had a front row seat at watching how the Covid-19 crisis has impacted the availability of products at retail. PensaRead more

Since launching Pensa Systems out of stealth at NRF2019 one year ago, we’ve conducted multiple live deployments of our system, working with major retailers and CPG brands. We’ve piloted in multiple countries on multiple product categories and SKU formats in a variety of shelf conditions – including dry shelf, open and closed-air coolers – andRead more

The world’s largest retail conference, in New York City on January 12-14. Retailers lose an estimated $1 trillion in revenue each year when customers can’t find what they are looking for on store shelves. Industry estimates say products are out of stock around 8 percent of the time. In fact, our findings show real-world inventoryRead more

Today’s retail executives face many of the same age-old challenges their predecessors confronted – e.g. how to grow sales, provide exceptional customer service, improve on-shelf-availability, enhance labor scheduling, and the like. (Not to mention, “how to make a buck along the way”!) What’s different nowadays is that traditional brick and mortar retail is under incredibleRead more

This guest editorial from David Ritter originally appeared on his LinkedIn page. Until recently, David was Partner and Leader of Retail-Store Operations Practice at McKinsey and Company.   “They don’t have it again!” – a very common phase uttered by frustrated shoppers looking for their favorite items at brick and mortar retailers world-wide Over theRead more

We know in-store inventory visibility is crucial for brand manufacturers and the retail industry – after all, stockouts cost them an estimated $1T annually. So recent news of billion dollar “unicorn” valuations for companies with technology aimed at attempting to solve this problem is a big deal and the latest indication that the market isRead more