Placement of items on the shelf space of retail stores signifcantly impacts the revenue of the retailer. Given the prevalence and popularity of medium-to-large-size retail stores, several research efforts have been made towards facilitating item/itemset placement in retail stores for improving retailer revenue. However, they do not consider the issue of urgency of sale of individual items....Read More

Utility mining has been emerging as an important area in data mining. While existing works on utility mining have primarily focused on the problem of finding high-utility itemsets from transactional databases, they implicitly assume that each item occupies only one slot. However, in many real-world scenarios, the number of slots consumed by different items typically...Read More

Authors: Parul Chaudhary, Anirban Mondal & Polepalli Krishna Reddy
Venue: International Journal of Data Science and Analytics
Link: https://link.springer.com/article/10.1007/s41060-020-00221-5Read More

It is a well-established fact in the retail industry that the sale of items, and consequently, retailer revenue are significantly impacted by the method followed for item placement on the retail store shelves. In this scenario, if the decisions concerning the placement of products are carried out in an ad hoc manner by means of...Read More