Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

The Current Use of Data Analysis and Future Anticipations of the Big Box Industry

Authors
Linlin Chi1, *, Yuxuan Song2, Jingyi Guo3, Yu Feng4, Yue Wang5, Xin Huang6
1York house, Downe House school, Thatcham, RG18 9JJ, United Kingdom
2Guangzhou Experimental high school, Guangzhou, 510375, China.
3Beijing National Day school, Beijing, 100039, China
4Shen Zhen Yao Hua experimental school, Shen Zhen, 518000, China
5Zhengzhou Middle School, Zheng Zhou, 450001, China
6University of Hong Kong, Hong Kong, 999077, China
*Correspondence author email: chilinlin2004@163.com
Corresponding Author
Linlin Chi
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.211How to use a DOI?
Keywords
value chain; data analytics; deep learning; future anticipations
Abstract

This study explores the possibilities of data analytics in the retail industry by examining it from different aspects and therefore leading to some hypothesis of possible future applications of data analytics. This work starts with exploring the industry’s history, providing background information. It then moves onto discussing various sectors of its value chain, breaking each sector down into details and understanding how the industry operates. Following, this study shifts the focus back onto the main topic, providing successful examples of current applications of data analytics in the industry, therefore showing the benefit that it can bring. Finally, the paper concludes with a conclusion of understanding and applying data analytics is a crucial field that the industry should develop and invest in. The purpose of this paper is to highlight the importance of understanding the potential of data analytics, emphasize what it is capable of, and to show how it could be the key of solving long lasting problems in the industry.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
10.2991/aebmr.k.220307.211
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.211How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Linlin Chi
AU  - Yuxuan Song
AU  - Jingyi Guo
AU  - Yu Feng
AU  - Yue Wang
AU  - Xin Huang
PY  - 2022
DA  - 2022/03/26
TI  - The Current Use of Data Analysis and Future Anticipations of the Big Box Industry
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1277
EP  - 1283
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.211
DO  - 10.2991/aebmr.k.220307.211
ID  - Chi2022
ER  -