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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

2022 saw the fastest pace for inflation in decades. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete.

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Advanced Retail Pricing Strategy: Unifying PPMO (2022)

Retalon

A good retail pricing strategy is integral – but is it enough? Setting an optimal product price can be a challenging task in today’s dynamic and data-driven retail environment. Missing the mark when setting prices can have a drastic effect on sales and the overall profitability of a retail business.

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DemandTec Unveils Unify, the Industry’s First Autonomous Unified Merchandising Platform, to Level the Retail Playing Field

365 Retail

DemandTec , a pioneer in retail price and promotion optimization technology, today launched Unify by DemandTec, the industry’s first autonomous unified merchandising platform for retailers. The result is their ability to better compete and win in the fast-moving world of modern retail.”.

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Target earnings top expectations

Mass Relators

Second-quarter gross margin rate was 27%, up from 21.5 % in 2022, a trend the company attributed to retail prices increases, fewer markdowns, and lower supply-chain and digital fulfillment costs. for the trailing twelve months through second quarter 2022. a year earlier.