Question of the Week 1 minuteFree ReportHow 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: Earnings Insights 1Q25, Week 4: Alibaba, Walmart and Others Report Sales Growth While Under Armour Reports Sales Decline—InfographicWeekly UK Store Openings and Closures Tracker 2025, Week 23: Aldi and Topshop To Open StoresEarnings Insights 1Q25, Week 6: Costco Wholesale, Deckers Outdoor and Ulta Beauty Report Growth While Department Stores Face Challenges—InfographicWhere Shoppers Live vs. Where They Shop: US Consumer Survey Insights Extra