The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Dec. 23, 2025
Filed:
Jan. 23, 2023
Target Brands, Inc., Minneapolis, MN (US);
Gopi Krishna Dommaraju, Plymouth, MN (US);
Rebecca Goering, Waconia, MN (US);
Jonathan Piepho, St. Louis Park, MN (US);
Seth Pearce, Blaine, MN (US);
David Rolfs, Maple Grove, MN (US);
Sunitha Mahadevan, Golden Valley, MN (US);
Kristina Coles, Minneapolis, MN (US);
Colleen Theisen, Shoreview, MN (US);
Target Brands, Inc., Minneapolis, MN (US);
Abstract
A tool, method, and system for assessing an incremental value of one or more items in an item assortment are disclosed. The tool can receive historical purchasing data, which can include a plurality of customers purchasing one or more items of a plurality of items in an item assortment. The tool can use the historical purchasing data for the plurality of customers to simulate execution of removal of an item from the item assortment, wherein removal of the item from the item assortment causes an incremental loss associated with the item. The tool can order any number of items of the historical purchasing data. The tool can execute scenario simulations, and the tool can account for probabilities when interacting with the historical purchasing data. The tool can display assessment data and receive inputs via an interactive user interface. The tool can launch the assessment data in a downstream application.