Question of the WeekHow Can Prescriptive Analytics Determine Retailers’ Corrective Actions? Coresight Research July 13, 2020 QUESTION OF THE WEEK: How Can Prescriptive Analytics Determine Retailers’ Corrective Actions? Prescriptive analytics has five core capabilities that incorporate machine learning to suggest corrective actions to retailers: Anomaly detection, whereby performance that deviates from an average or baseline for a variety of retail metrics is identified; assessing hidden demand—revenues that retailers could have collected but missed; sentiment analysis; clustering—the aggregation of similar customers, employees or stores; and shrink This document was generated for Other research you may be interested in: US Tariffs on Canada and Mexico: What US Consumers ThinkFebruary 2026 US Retail Sales Outlook: Positive Indicators Signal Robust Growth AheadBeauty Shopping in Focus; Economic Sentiment Turns Negative: US Consumer Survey InsightsInnovator Profile: Relocalize—Hyper-Local Production with Autonomous Micro-Factories to Cut Costs and Reduce Waste
