Remove 2018 Remove Consumer Remove Inventory Management Remove Promotions
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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has had an impact on profits,” said King.

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Guide for Unified Price, Promotion and Markdown Optimization Applications

Retalon

Getting your product pricing right is absolutely critical to customer cross-channel experience, but the promise of unified price, promotion and markdown optimization is hard to achieve. The post Guide for Unified Price, Promotion and Markdown Optimization Applications appeared first on Retalon. In this report: Market Definition.

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What is Everyday Low Pricing?

Wiser

It’s a complex decision that involves customer behavior, marketing, supply chain and inventory management, and other functional areas. Everyday low pricing is a pricing strategy in which brands and retailers promise consumers that their prices will be consistently low, as opposed to having sporadic discounts or promotions.

Markdowns 148
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What are Retail Markdowns?

Wiser

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry.

Markdowns 128
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The Global State of Autonomous Stores

365 Retail

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

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Restaurant Printer Solutions: Back-of-House vs. Front-of-House Essentials

Star Miconics

Furthermore, these printers deliver exceptional resolution, enabling the production of detailed receipts, branded coupons, and promotional materials. 4 Restaurant Technology Challenges for the Next Decade The wants and needs of the consumer are constantly evolving and changing.

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How to Sell to Spendsetters: 1/3 of All Consumers

Retalon

57% want to be able to check inventory levels online. 72% would shop more if they had personalised product suggestions and promotions. Yan Krupnik is the Business Development Manager at Retalon, the world’s leading provider of Predictive Analytics for retailers.