Retail Intelligence Software:

Drive Strategic Decisions through AI

Unlock the power of data with Memory, a next-gen retail intelligence software that leverages AI to optimize sales performance and profitability. Serving both headquarters and individual stores, Memory helps retail brands transform scattered data into actionable insights, making evidence-based decisions that enhance product assortment, merchandising, pricing, and in-store execution.

Key Features

  • High-Performance Retail Analytics: Memory combines retail expertise with data science, analyzing transactional, supply chain, logistics, and shopper behavior data from over 20,000 stores. By leveraging data from 25 million households, Memory provides a precise view of product consumption and performance, empowering retailers with advanced retail intelligence.

  • AI-Powered Intelligence: Go beyond traditional analytics with Memory’s AI-powered insights. The platform solves concrete retail challenges by automating product assortment, optimizing merchandising, and enhancing pricing strategies. This boosts sales performance and strengthens collaboration with brand partners.

  • Custom Reporting: Memory offers tailored monitoring and reporting solutions, allowing retailers to measure sales performance, identify issues, and prioritize actions based on custom insights.

  • In-Store Impact Measurement: Utilize data from electronic shelf labels and IoT devices to trigger actions on the shop floor, ensuring that insights translate into immediate operational improvements.

Why Adopt Memory

  • Make Evidence-Based Decisions: AI recommendations allow you to simulate product or pricing models and estimate their ROI impact, ensuring that decisions are data-driven and effective.

  • Strategize with Brand Partners: Collaborate seamlessly with vendors on a single platform, sharing insights and building joint strategies that maximize ROI through targeted marketing and promotions.

  • Real-Time Performance Tracking: Monitor the impact of in-store actions and optimize store performance using actionable insights derived from your data sources.

Memory Benefits

  • Sales Uplift: Expect a 2% to 8% sales increase on recommended product assortments.

  • Promotion Success: Achieve up to 5 points in incremental sales on targeted promotions.

  • Revenue Growth: Gain 0.5% to 2% incremental revenue through monetization strategies.

  • Efficiency: Reduce time spent on building product mixes by 50%.

Case Studies

Memory offers advanced data integration, actionable business recommendations, and embedded simulation tools to help retailers optimize product assortment, pricing strategies, and merchandising techniques. By connecting data to in-store IoT devices, Memory facilitates real-time messaging on electronic shelf labels, ensuring swift communication and execution in-store.

Contact us today to know more!

Ready to transform your retail operations with AI-driven insights? Contact Almoe today to learn more!