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In-Store Analytics Leader RetailNext Expands Leadership Team with Addition of Four Executives

RetailNext, the leader in Applied Big Data for brick-and-mortar retail, today announced the addition of four executives to its leadership team.

SAN JOSE, Calif. – August 14, 2013 – RetailNext Inc., the leader in Applied Big Data for brick-and-mortar retail, today announced the addition of four executives to its leadership team. With roots in the retail, technology and consulting sectors, the experienced leaders will help RetailNext to optimize international expansion and maintain the company’s leadership position in the in-store analytics space. The key hires are based in San Jose, Atlanta and Chicago.

RetailNext provides the most comprehensive technology platform to deliver ecommerce-style shopper analytics to brick-and-mortar stores. The Company has experienced rapid business growth in recent years, fueled by demand for solutions that leverage big data in retail – earning recognition among the Red Herring 100 and Fast Company’s list of the World’s Top 10 Most Innovative Companies in Big Data.

“The demand by retailers for comprehensive in-store analytics is skyrocketing. Our platform provides valuable insights for thousands of stores across five continents. The sector is embracing RetailNext because we help retailers uncover the metrics and insights to increase sales, reduce theft, and improve the customer experience,” said RetailNext CEO Alexei Agratchev. “We have expanded our executive team because it’s important for us to continue to provide the best technology and service possible in this time of rapid growth.”

The recent additions to the RetailNext executive team are:

About RetailNext

RetailNext is the leader in Applied Big Data for brick-and-mortar retail, delivering real-time analytics that enable retailers and manufacturers to monitor, collect, analyze, and visualize in-store data. The patent-pending solution uses best-in-class video analytics, Wi-Fi detection, on-shelf sensors, and data from point-of-sale systems and other sources to automatically inform retailers about how people engage with their stores. The highly scalable RetailNext platform easily integrates with promotional calendars, staffing systems, and even weather services to analyze how internal and external factors impact customer shopping patterns – providing store operations executives with the ability to identify opportunities for growth, execute changes, and measure success.

RetailNext makes sense of more than 500 million shopping trips per year by collecting data from more than 30,000 sensors in retail stores and analyzing trillions of data points annually. Headquartered in San Jose, CA, RetailNext is a growing global brand operating in more than 20 countries.

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