If they want to stay competitive, convenience stores need to be able to track consumer needs, sales and inventory, among other measuring sticks, suggests an article published by Convenience Store Decisions.
Fuel pricing is a big deal, the article says, and stores need to keep up with their competition. Sales data can help predict retail trends and help stores manage inventory better. Every purchase is a form of feedback that can be mined for information, the story says.
Read more about the analysis and use of this data in the article at CStoreDecisions.com.
