In a bid to improve Very’s data capability – which supports customer experience, efficiency and productivity, as well growth opportunities – the retailer has launched training to further develop its data professionals, through a new degree-level data academy.
The Very Group’s new data academy, run with Multiverse, will see 11 of its data professionals initially enrol onto a 39-month degree-level Advanced Data Fellowship course. This builds on their existing skills and give them even more in-depth data analysis training to thrive in their roles, focus on more strategic initiatives and further help to ground business decision-making in insight.
The apprenticeship is tailor made for professionals looking to elevate existing qualifications and further improve how their organisation uses data to inform strategy and enhance products.
Rob McCormick, head of data at The Very Group, said: “As data has become such an important part of business decision-making, our data teams are in high demand, which can restrict the time spent on more strategic initiatives. Through our partnership with Multiverse, we’re confident that we can increase efficiency and productivity through data and automation, benefitting our digital brands and our four-and-a-half million active customers.”
The RetailX UK Top500 report 2024 highlights Very’s focus on the customer experience and technology investment. A company profile tracks its recent upgrades, which range from AI-powered product discovery on its mobile apps and website to virtual make-up try ons. These build on existing infrastructure that includes its automated Skygate distribution centre.
Very, ranked Top100 in the UK Top500 2024, is the flagship brand of the £2.15bn turnover Very Group. Very alone turned over £1.8bn in the year to 1 July 2023. The online department store is a digital native brand from a company whose roots go back to 1861 and that first prospered in mail order catalogue era.
Read the full company profile, authored by Chloe Rigby, in the RetailX UK Top500 report 2024. Very’s profile is one of eight profiles in the report with Amazon, Asda, Boden, Dunelm, Next and Richer Sounds also covered.
Throughout the pages of this report, we map out how, for many retailers, the balance of retailing over the last ten years of our UK Top500 analysis has changed.
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