Design and execution of a new merchandise hierarchy resulting in substantially improved results across financial planning, assortment planning, and store allocation
An American big box retail chain carrying over 50,000 unique SKUs across furniture, mirrors, rugs, art, housewares, tabletop, patio, seasonal, and other home décor products throughout 225 retail stores in 40 states as well as online.
The client was preparing to make several investments in its future growth strategy and business enablement. While these were largely through the implementation of new planning systems and capabilities, the company needed to ensure that the foundational data was organized correctly to allow for optimal planning and analysis.
Additionally, they had difficulty analyzing their weekly results due to inconsistencies in their merchandise hierarchy across divisions. The merchandising teams spent a great deal of time manually realigning the product data for their website to improve customer experience and search accuracies. Further, there were