Dillard's,Target,and Walmart use data mining to determine which products to stock at what price,how to manage markdowns,and how to advertise to draw target customers.

Question

Quizplus · Accepted Answer

The statement is true. Retailers like Dillard's, Target, and Walmart use data mining to make important decisions regarding inventory management, pricing, and advertising. Data mining allows them to gather insights from large amounts of customer data to make better-informed decisions.

Dillard's,Target,and Walmart Use Data Mining to Determine Which Products to Stock