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David’s Bridal Shakes up Leadership Team with New COO and CFO

Retail TouchPoints

David’s Bridal is dramatically reshaping its executive suite via internal promotions, including three C-level appointments. The promoted executives include: Bob Walker, who joined David’s Bridal in 2019 as Chief Retail Officer, has been promoted to COO. in July 2023.

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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has had an impact on profits,” said King. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added.

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Gartner Hype Cycle for Retail Technologies 2018

Retalon

Unified Price, Promotion and Markdown Optimization. The post Gartner Hype Cycle for Retail Technologies 2018 appeared first on Retalon. Unified Merchandise Planning. Entering the Plateau. Algorithmic Merchandise Optimization. Appendixes. Hype Cycle Phases, Benefit Ratings and Maturity Levels. Gartner Recommended Reading.

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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.

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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.

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How retail is changing – the rise of local sourcing

I Vend

In the UK, more people are considering buying food directly from food producers , and only 32% of under-25-year-olds believe the future of food shopping will take place in a traditional supermarket, down from 58% in 2018. Promotions management – along with labelling, promotions can be used to communicate about local goods.