RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Price management is one of the most important operation in any retail or wholesale environment. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times.

Wholesale 40

Wholesale Management Promotions Retailing Pricing 40

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Price management is one of the most important operation in any retail or wholesale environment. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times.

Wholesale 40

Wholesale Management Promotions Retailing Pricing 40

Retalon

NOVEMBER 20, 2020

Price optimization and price management are terms that often are used interchangeably, but they are not the same thing. When used properly, both price management and price optimization can substantially affect a retailer’s profitability. What is price optimization?

Management 41

Management Markdowns Accounting Retailing Pricing 41

Shopper Intelligence

APRIL 30, 2021

Category Managers. Sometimes being in Category Management might feel like being a United Nations peacekeeper, a global summit negotiator, or like you dropped into an episode of Game of Thrones. (We We have a whole booklet of cartoons about life as a Category Manager! (We Retailer vs Supplier. The supermarket shelf.

Management 52

Management Promotions Accounting Marketing 52

Retail TouchPoints

JULY 15, 2021

Eddie Bauer is following the lead of other top retailers and getting into the rental business with the launch of a new program that will allow customers to rent its technical apparel and gear at “a fraction of the full retail price.”.

Outdoor 298

Outdoor Apparel Shipping Retailing Pricing 298

Retail TouchPoints

OCTOBER 14, 2022

There are nuances based on type of retailer, existing ecommerce strategy and whether the products are first-party only or also include third-party fulfillment. One customer we worked with had been managing over 100 third-party fulfillment relationships following a traditional dropship approach.

Fulfillment 266

Fulfillment Management Accounting Retailing Pricing 266

Inside Retail

FEBRUARY 16, 2022

In an ASX announcement, the discount retailer has announced that sales for the half were estimated at $424.7 Gross profit landed at $178.8 ” During the half, the company increased its retail prices on selected products to counter rising international shipping costs which were five times higher than pre-Covid levels.

Shopping 245

Shopping Shipping Retailing Pricing Planning 245

Retail TouchPoints

APRIL 29, 2021

The convenience retailer will harness the Competitive Intelligence Management (CIM) solution to gain access to granular competitive data on 30 billion product pricing records collected annually in the U.S. and Canada and like-item-linking visibility. “In Casey’s has been upgrading multiple systems over the past year.

Marketing 163

Marketing Retailing Pricing Management ATS 163

Retail TouchPoints

JANUARY 3, 2023

Becoming proficient at navigating these obstacles is key to protecting retail profits. 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. ATO attacks cost retailers millions of dollars each year.

Merchant Services 289

Merchant Services Payment Services Accounting Checkout 289

Inside Retail

JULY 13, 2023

The brand has a range of partnerships in the works, and recently opened its first domestic flagship – a 167sqm store at Chadstone Shopping Centre, showcasing new trends and styles, and introducing new customers to the vintage brand. At the end of April last year, the keys changed hands to the current operating partner, Brand Collective.

Planning 246

Planning Wholesale Shipping Location 246

Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI. Practical Benefits of AI in Grocery.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Retail TouchPoints

JANUARY 12, 2023

For many retailers, success selling on Amazon simply lies in following a set of best practices. Let’s take a look at a few of these. Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon. Neatness counts at Amazon. Best Practices for Selling on Amazon.

Fulfillment 252

Fulfillment Advertising Accounting Planning 252

Retail TouchPoints

APRIL 25, 2022

Items are available at up 60% off retail prices. They may be ex-display products or feature small defects like scuffs, a loose thread or missing buttons that disqualify them from being sold at full price. Sample of an ‘Imperfects’ listing on eBay UK — Gucci bag with a scuff available for 50% off.

Fashion 256

Fashion Apparel Supply Chain Management Accessories 256

Retail TouchPoints

JUNE 8, 2023

With top companies releasing limited “drops” of desired products, limited-edition sneakers can sell for hundreds or thousands of dollars over their original retail price. Heeling and Dealing The sneaker resale market is a lucrative industry.

Jewelry 234

Jewelry Accounting Fashion Returns 234

Retail TouchPoints

OCTOBER 21, 2021

Bloomberg ’s sources said that PayPal is looking at a potential price of approximately $70 a share, which would value Pinterest at around $45 billion. Adding social media capabilities could further enhance PayPal’s offerings for retailers. “We Harshita Rawat, an analyst at Sanford C. Bernstein & Co.,

Merchant Services 244

Merchant Services Payment Services Social Commerce Consumer 244

Retail Gazette

AUGUST 1, 2023

As a result, Co-op members have a chance to save up to 11% on retail prices and an average of £500 a year, with Co-op British Milk one pint selling for 85p, six Co-op free range eggs for £1.40 The investment includes a retail price reduction on more than 600 ranges, ensuring they are in line with or cheaper than at other rival stores.

Retailing Pricing 80

Retailing Pricing Management Shopping ATS 80

Wiser

FEBRUARY 29, 2024

As detailed by industry experts at the panel, the impact of staffing shortages extends beyond the bottom line. With so many tasks and not enough hands, businesses are turning to third-party services to fill the gap, often leading to additional costs and higher prices for consumers.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Talking Retail

DECEMBER 16, 2022

The sugar-free lozenges will come in a 50g bag with a recommended retail price of £1.29. Elizabeth Hughes-Gapper, brand manager, said: “It is important we offer our customers a variety of flavours and we are absolutely thrilled we are absolutely thrilled to be. Or just read more coverage at Talking Retail.

Brand Management 59

Brand Management Retailing Pricing Management ATS 59

Inside Retail

FEBRUARY 25, 2024

Beauty products don’t have to be at a luxury price point to deliver results with consumers’ purchase decisions driven by active ingredients, high payoff and a relatable brand. This sentiment about the demand for efficacious products at a budget-friendly price point is shared by the co-founder of tbh skincare, Rachael Wilde.

Supermarket 130

Supermarket Consumer Retailing Pricing Shopping 130

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. The first affects stock inventory management.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? And don’t forget the shopper looking for that end-of-season deal.

Markdowns 254

Markdowns Retailing Pricing Promotions Fulfillment 254

Cisco Retail

MAY 13, 2021

It enables IoT vendors to integrate their applications directly onto Cisco Catalyst Access Points (APs) and drive intelligence at the edge. With use cases ranging from healthcare and carpeted enterprise to retail and hospitality, Application Hosting is reinventing the way organizations deploy and manage IoT services.

Management 103

Management Retailing Pricing Marketing ATS 103

Wiser

NOVEMBER 16, 2023

2: Home Improvement Wiser’s insights revealed to a leading manufacturer of windows and doors that Home Depot, one of their crucial retail partners, had inadvertently discounted one of their products by 45 percent across all regions. Swift action prevented further revenue loss. Wiser’s DSI tool enables this flexibility.

Promotions 148

Promotions Outdoor Payment Services Marketing 148

Retail Gazette

JULY 5, 2023

fine last year when it was found to have engaged in “cartel activity” by fixing the retail price of Rangers football shirts. fine following a secret meeting with Footasylum CEO, and former JD chief executive, Barry Bown at a time where the CMA was investigating JD’s potential acquisition of the footwear retailer.

Retailing Pricing 103

Retailing Pricing Management Consumer Shopping 103

Inside Retail

JANUARY 21, 2024

According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models. According to Kaur, during the pandemic, spending on electronics was at an all-time high. If you look at Indonesia, deliveries outside of Jakarta from e-tailers like Lazada and Shopee will have extra costs.

Marketing 130

Marketing Drop-Shipping Promotions Merchant Services 130

Inside Retail

MAY 12, 2021

Therefore, instead of spending in volume at lower cost with fast fashion, people are looking to timelessness, rarity and longevity.”. Fairfax & Roberts managing director Irene Deutsch said the company saw a rise in wedding and engagement rings during the past year.

Fast Fashion 234

Fast Fashion Fashion Payment Services Consumer 234

Retail TouchPoints

JULY 29, 2020

Predicting what’s to come isn’t easy, but having a robust network infrastructure in place would allow retailers to deploy new services rapidly when they’re ready to add them — regardless of where stores are located, or how long they’ve been established. Michael Cabra is Senior Product Manager, Global and Emerging Markets, Cybera.

Payment Services 183

Payment Services Fulfillment Location Checkout 183

Inside Retail

MARCH 10, 2022

And while some analysts worried that Myer could be impacted by a potential rising inflation, King said that inflation isn’t particularly relevant to the business: 90 per cent of its sales are made at recommended retail prices, so it has a lot of room to move to keep prices fair to consumers and profitable for itself.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Mass Relators

JULY 5, 2022

A 30-year industry veteran, Williams previously worked in Ahold USA as a category management business consultant. He also worked with Giant Food as the director of retail pricing and the director of grocery category management.

Retailing Pricing 52

Retailing Pricing Management Marketing ATS 52

Wiser

DECEMBER 12, 2022

A minimum advertised price (MAP) policy is a mutually agreed upon set of guidelines from the manufacturer for the retailer that details what prices their products are allowed to be displayed at. To lower the price, a reseller might offer coupons or discounted rates internally, among other options.

Advertising 147

Advertising Retailing Pricing Promotions Shipping 147

365 Retail

JANUARY 18, 2022

The West Sussex branch will be located at 73-75 Montague Street, Worthing, BN11 4BN. Shoe Zone’s iconic own-brand footwear and accessories will also be available, many of which come in at below the recommended retail price. Michael Child has been appointed as store manager.

Accessories 62

Accessories Retailing Pricing Location Management 62

Inside Retail

MARCH 14, 2023

But around the edges and in the niches, there is a huge number of PC enthusiasts and gamers that either want higher performance equipment that you can’t get at those places, or they want to build their own computers. These are people who are seeking products that aren’t available at the more mass-market electronics stores.

Marketing 130

Marketing Shipping Management Point of Sale 130

Retail Focus

JUNE 3, 2021

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. Let’s look at three ways that data science can help retailers thrive in a highly competitive multi-channel environment. Pricing science continues to innovate, evolve and advance. .

Markdowns 200

Markdowns Promotions Shopping Planning 200

Inside Retail

DECEMBER 19, 2023

According to Lee, for retailers, the process of storing and managing inventory involves significant expenses such as rent for the store and warehouse, transportation costs, and labour expenses. And then at the end of the season, they don’t have to mark down because they have nothing to get rid of. The rent is a lot lower.

Fashion 130

Fashion Markdowns Apparel Fast Fashion 130

Independent Retailer

AUGUST 22, 2022

As a small family business, we went from paying $3,000 a container pre-COVID to begging for a container at $30,000 to keep up with demand.” Even though the price of diesel recently skyrocketed, demand is still increasing and the supply chain is struggling to keep up. Negative Impacts to the Industry.

Supply Chain Management 87

Supply Chain Management Shipping Wholesale Management 87

Small Biz Trends

AUGUST 19, 2022

If you are a small business owner in need of some grant money, take look at what is available across the country from many public and private organizations. To qualify for a grant, the related event must be declared a natural disaster at the state or federal level. Flour Price Jumps 5.3% in Last Month.

Retailing Pricing 98

Retailing Pricing Location Customer Experience Management 98

Retail Gazette

NOVEMBER 17, 2023

In her new monthly column, broadcaster and consumer expert, Kate Hardcastle MBE – also know as The Customer Whisperer – highlights the retailers making moves to really help shoppers – and those that need to go back to the drawing board. Customer yeh: Club Pret – more coffee anyone?

Returns 67

Returns Consumer Fashion Retailing Pricing 67