Marks & Spencer Partners with Retail Insight

Marks & Spencer Partners with Retail Insight

The pair have worked together since 2021, with Retail Insight supporting the retailer in tackling food waste through its cloud-based, WasteInsight solution.

Retail Insight has announced the renewal of its partnership with M&S for another three years.

The pair have worked together since 2021, with Retail Insight supporting the retailer in tackling food waste through its cloud-based, WasteInsight solution.

“Our collaboration with Retail Insight over the past three years has been incredibly impactful,” said Chris Thomas, Head of Product for Store Operations at Marks & Spencer.

“The WasteInsight solution has delivered significant waste reduction benefits over the past three years, as well as improved overall operational efficiency. We look forward to continuing to work with the team to help us meet our net zero targets.”

By analysing foundational retail data, WasteInsight is able to utilise a machine learning model to provide dynamic markdown prices designed to encourage sales.

“We are excited to extend our partnership with Marks & Spencer for another three years,” said Kieran O’Brien, VP of Customer Success – EMEA at Retail Insight. “Our close working relationship has been pivotal in enabling success and we will continue to drive down waste and enhance efficiency across their stores.”