Remove ATS Remove Markdowns Remove Outdoor
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Academy Sports + Outdoors Expands Revionics Partnership to Optimize Customer-Centric Pricing

Retail TouchPoints

Academy Sports + Outdoors will extend its use of Revionics’ pricing intelligence software. Revionics software allows Academy to take a customer-centric and data-driven approach to pricing,” said Govind Madhu, SVP Merchandise Planning and Allocation at Academy in a statement.

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Tractor Supply Leverages Pricing Optimization Solution

Retail TouchPoints

will deploy the Base Price and Markdown pricing solutions from Revionics , an Aptos Company , to help scale optimized pricing across its 2,200 stores and ecommerce site. The scale and sophistication of Revionics, along with the ability to price at a localized level, have been extremely strategic for our business.” Tractor Supply Co.

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The Data Dilemma with Retail Pricing and How to Untangle it

Retail TouchPoints

Many retailers are worried that they don’t have all the data at their fingertips, like product data, customer data, transactional data, when items sold, on what device and more. Everyone starts somewhere, and it’s OK wherever you are at in your data journey. I don’t have all the data I know I should have, is that OK?

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Why is Average Unit Retail (AUR) Important?

Wiser

In this case, perhaps decreasing prices slightly is the better course of action, as there’s not enough consumer demand—or desire—to buy more units at your current prices. The total revenue must be post-markdown to reflect its price at sale. How to Use the Average Unit Retail Metric. Closing Thoughts.

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Retail Allocation: Optimising Stock Distribution and Maximising Sales

Retail Assist

Efficient stock allocation is critical for ensuring products are in the right place at the right time. For instance, if a store sells a high volume of outdoor furniture, allocating related products like cushions or covers to that location can drive additional sales. Why Choose Merret Pro for Retail Allocation?

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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? Because better markdowns have the potential to significantly improve the traditional KPIs that supply chain teams are evaluated on.

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AI-powered inventory: The smarter way to balance stock and boost sales

Inside Retail

From ensuring high-demand items are always available to minimising markdowns on short-lifecycle products, the pressure to get inventory right has never been greater. Retailers have historically had to choose between overstocking and running out of stock, says Tony Bugge, senior VP of Apac at Algo.

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