Bestway has launched a tool to give its Best-one retailers advice on how to improve their stores.
The Store Performance Analysis Tool shows retailers changes they could make to store layout, ranges and the space they devote to key categories.
Using the tool, Best-one business development executives can show retailers the level of sales and profits they could achieve. The tool also includes a payback calculator to give retailers an idea of how quickly they will break even on their investment.
In trials, those who had implemented the recommended changes had seen minimum sales uplifts of 10%, said Bestway group director of symbol James Hall.
“Independents must ensure they have the right mix so that every square foot works as hard as it can for them,” he said. “Sales statistics show that in many categories, 80% of sales come from 20% of the range, so accurate space planning and ranging is critical.
“The prize is to grow sales by targeting new shoppers through ensuring retailers are meeting their needs better for little and often, top-up replenishment.”