Which retail giant pioneered the use of 'ring studies' - analyzing concentric geographic circles around potential store locations to predict performance based on demographic data?

Retailers increasingly rely on location-based analytics to optimize their store networks. This type of geographical data analysis helps companies understand regional consumer behaviors, optimize store locations, and tailor merchandise to local preferences. Test your knowledge of how major retailers use geographic data to drive business decisions and gain competitive advantage in specific markets.

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Target
Walmart
Costco
Home Depot