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Integrate Pricing, Promotions and Markdowns to Drive Profitability

Retail TouchPoints

But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success. Now, it’s all about how you reach consumers through tailored promotions.”

Markdowns 309
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If Perception is Reality, Grocers Need to Better Connect Base Price and Promotions

RIS News

You can say the same about grocery promotions. Although base price is 2X more important to shoppers than promotions when it comes to price perception, promotions can make the winning difference at a time when shoppers believe prices are higher than they are, and when they believe that grocers are earning higher profit margins.

Grocer 94
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Three ways online grocers can win, and retain, customers post-pandemic

Inside Retail

During the Covid-19 pandemic, grocers managed an unprecedented level of online orders for fulfilment via delivery and click-and-collect. The challenges during this time were related mostly to a lack of delivery slots and product and labour shortages, which impacted the ability to fulfil orders in a timely manner (or at all). .

Grocer 243
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From Barcodes to Bytes: Retailers Prepare for Next-Generation UPC

Retail TouchPoints

Groundbreaking at the time, but now sorely outdated, UPCs are finally getting a facelift and moving into the 21st century thanks to the GS1 Sunrise 2027 initiative. Consumers want more information about the products they buy, and retailers want more visibility into the products their customers buy. Who doesn’t want that?

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Uber Continues Commerce Media Push as Sprouts Launches its Own Media Network Powered by Instacart

Retail TouchPoints

The Sprouts website and app are also powered by Instacart Platform , which is Instacart’s technology suite for grocers. “By leveraging Instacart’s ad technology, we are enabling this connection — and giving our brand partners even more ways to grow with us and our customers.” .

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Continued pressures on supply chain see 82% of shoppers experience out-of-stocks, up +11% YOY

Retail Focus

Paul Boyle, CEO of Retail Insight, commented: “Regardless of the causes – of which there are many and, rather unjustly, a great number of which remain outside of a retailer’s direct control – poor product availability doesn’t just impact customer experience at the shelf edge.

Grocer 130
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Claire’s Aims High (and Wide) with Next-Gen Paris Store, U.S. Grocery Expansion

Retail TouchPoints

At the same time the brand also is expanding its presence across grocery stores in the U.S. Designed for total brand immersion with experiences and social storytelling at its core, the company said the new location on Rue Faubourg St. through a growing roster of consumer products partnerships with national and regional grocers.

Grocer 293