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Retail Pricing is a Science – Not an Art

Retail TouchPoints

When done correctly and with statistically significant datasets, brands can redesign their pricing strategy and architecture with smart Good, Better, Best tiering as well as intentional channel and market strategies — setting prices based on the unique consumers in each market and that shop specific channels.

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Warrick Lambert Takes the Helm at Genie Shopping Amid Growth Surge

365 Retail

Genie Shopping, a leading UK retail price comparison engine , has appointed performance marketing expert Warrick Lambert as its first-ever Chief Executive Officer. The company’s accelerated growth has been propelled by a surge in online shopping and a strategic shift towards a Comparison Shopping Services (CSS) model.

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The Reject Shop posts sales decline due to lockdowns, absenteeism

Inside Retail

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
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Athleta Moves Further into Resale, Off-Price

Retail TouchPoints

s Athleta brand has teamed up with ThredUP and Shop Premium Outlets to pilot a new resale program and expand further into the off-price sector, respectively. As a certified B Corporation, Athleta believes in using business as a force of good,” said Kim Waldmann, Chief Digital Officer at Athleta in a statement. Gap, Inc. ’s

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ACCC to conduct enquiry on Australian supermarkets’ pricing and competition

Inside Retail

The investigation will include the pricing practices of the supermarkets and the relationship between wholesale – including farmgate and retail prices. Moreover, the inquiry will also explore emerging issues such as online shopping, technological advancements, and loyalty programs.

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Goodbyes’ roadmap for national expansion and a store in every city

Inside Retail

Goodbyes is Australia’s largest bricks-and-mortar resale service and secondhand shopping experience. Its hybrid consignment model and curated in-store shopping experience have made it a go-to destination for economic and environmental shoppers who still want to be fashion-forward. And then of course, impact.

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Omnichannel Pricing is Critical for This Year’s Back-to-School Shopping

365 Retail

Shoppers looking forward to having their school-age children back to in-person learning this autumn are eager to shop earlier and spend more than in recent years. Conversely, 78% of shoppers ‘often’ or ‘always’ shopped in store pre-COVID, which fell to just 39% in spring 2021. Science-Based Pricing is Now Imperative.