Rossmann store sales prediction

Abstract

Forecast sales using store, promotion, and competitor data. Rossmann operates a chain of about 3,000 drug stores in seven countries in the Europe. Rossmann is faced with the task of predicting their daily store sales for up to 6 weeks in advance. Thousands of Rossmann’ s managers predict their store sales depending on the unique circumstances they face. In such scenario, the accuracy of prediction can be highly variable.