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Case Study-Retail Walmart Store Sales Prediction - Forecasting

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269 views3 pages

Case Study-Retail Walmart Store Sales Prediction - Forecasting

Uploaded by

Shivangi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CASE STUDY-RETAIL

WALMART STORE SALES PREDICTION - FORECASTING

Copyright:

Website: www.analytixlabs.co.in
Email: info@analytixlabsl.co.in

Disclaimer: This material is protected under copyright act AnalytixLabs©, 2011-2018. Unauthorized
use and/ or duplication of this material or any part of this material including data, in any form
without explicit and written permission from AnalytixLabs is strictly prohibited. Any violation of this
copyright will attract legal actions.

AnalytixLabs, Website: www.analytixlabs.co.in Email: info@analytixlabs.co.in phone: +91-88021-73069


Business Context:
The objective is predicting store sales using historical markdown data.
One challenge of modelling retail data is the need to make decisions based on limited
history. If Christmas comes but once a year, so does the chance to see how strategic
decisions impacted the bottom line.

Data Availability & Business Problem:


You are provided with historical sales data for 45 Walmart stores located in different
regions. Each store contains a number of departments, and you are tasked with predicting
the department-wide sales for each store.

In addition, Walmart runs several promotional markdown events throughout the year.
These markdowns precede prominent holidays, the four largest of which are the Super
Bowl, Labour Day, Thanksgiving, and Christmas. The weeks including these holidays are
weighted five times higher in the evaluation than non-holiday weeks. Part of the challenge
presented by this competition is modelling the effects of markdowns on these holiday
weeks in the absence of complete/ideal historical data.

 stores.csv: This file contains anonymized information about the 45 stores, indicating
the type and size of store.
 train.csv: This is the historical training data, which covers to 2010-02-05 to 2012-11-
1. Within this file you will find the following fields:

 Store - the store number


 Dept - the department number
 Date - the week
 Weekly_Sales - sales for the given department in the given store
 IsHoliday - whether the week is a special holiday week

 test.csv: This file is identical to train.csv, except we have withheld the weekly sales.
You must predict the sales for each triplet of store, department, and date in this file.
 features.csv: This file contains additional data related to the store, department, and
regional activity for the given dates. It contains the following fields:

 Store - the store number


 Date - the week
 Temperature - average temperature in the region
 Fuel_Price - cost of fuel in the region

AnalytixLabs, Website: www.analytixlabs.co.in Email: info@analytixlabs.co.in phone: +91-88021-73069


 MarkDown1-5 - anonymized data related to promotional markdowns that
Walmart is running. MarkDown data is only available after Nov 2011, and is not
available for all stores all the time. Any missing value is marked with an NA.
 CPI - the consumer price index
 Unemployment - the unemployment rate
 IsHoliday - whether the week is a special holiday week

For convenience, the four holidays fall within the following weeks in the dataset (not all
holidays are in the data):

Super Bowl: 12-Feb-10, 11-Feb-11, 10-Feb-12, 8-Feb-13

Labor Day: 10-Sep-10, 9-Sep-11, 7-Sep-12, 6-Sep-13

Thanksgiving: 26-Nov-10, 25-Nov-11, 23-Nov-12, 29-Nov-13

Christmas: 31-Dec-10, 30-Dec-11, 28-Dec-12, 27-Dec-13

AnalytixLabs, Website: www.analytixlabs.co.in Email: info@analytixlabs.co.in phone: +91-88021-73069

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