Retailers of electronics and appliances in the U.S. are expected to grow sales of those products by $953 million in June, July and August, according to an analytics-based forecast produced by IBM. The forecast represents a four percent increase compared with the same period last year.
The IBM forecast is produced using statistical and analytical software to evaluate both the long-term sales trend and seasonal peaks. IBM consultants use these predictive techniques to help clients improve performance by addressing complex issues of supply and demand. These techniques also aid clients in planning product mix, new store locations, staffing and advertising spend...