RetailNext Collaborates with Bespoke to Provide In-store Analytics

By CIOReview | Thursday, June 11, 2015

FREMONT, CA: It will glean the insights necessary to improve customer experience, increase same store- sales, reduce theft and eliminate unnecessary costs.

In-store analytics platform leverages best-in-class video analytics, Wi-Fi detection, on-shelf sensors, and data from point-of-sale systems to inform retailers about how people engage with their stores. By easily integrating with promotional calendars, staffing systems, and even weather services to analyze  internal and external factors impacting customer shopping patterns – provides opportunities for growth, execute changes, and measure success. This analytics platform will power Bespoke’s 3,000 square foot “white box” space, providing analytics and rich shopper insights for various pop-up tenants.

“RetailNext is excited to collaborate with Bespoke on the new ecosystem. The retail store of the future is being designed today, in real time, with the shopper clearly in control, and the Bespoke ‘white box’ space allows tenants to learn, with quantitative data, the art of the possible and best practices for store design and operation,” said Alexei Agratchev, co-founder and chief executive officer of RetailNext.

To bring efficiency in their service, RetailNext has opened its new San Francisco office in the Bespoke Coworking space, housing a team of platform engineers and retail analysts.