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Pricing Amid Inflation: McKinsey Partner Offers Data-Led Best Practices

Retail TouchPoints

As a result, grocers have to consider the impact of pricing consistency and competitors on loyalty when shifting prices. Lastly, it’s important to note that during this period, consumers are changing how they manage their finances. Our Consumer Pulse survey showed that 66% of consumers are acting in response to rising inflation.

Consumer 162
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AI in Retail: Optimizing Operations from Supply Chains to Employee Scheduling

Retail TouchPoints

The solution provider noted that grocers using its solution typically see a 3% sales increase, significant improvement in inventory turns and up to 25% less food waste — a result that would support the supermarket retailer’s sustainability goals. said Thota.

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Roundup Of The Top 2021 Retail & CPG Trends

Rangeme

Amazon, Walmart, Macy’s , and Bed Bath & Beyond recently added this form of installment financing. BNPL services, offered by companies like Klarna, Affirm, and Afterpay, account for 2.1% Source: The Grocer. Ulster Grocer. Ulster Grocer. 7 Andriotis, AnnaMaria. Amazon Is Doing It. So Is Walmart. 8 Browne, Ryan.