article thumbnail

The Future of Retail Pricing Strategies in an Unstable Economy

RETAIL MANAGEMENT SOFTWARE

The right pricing moves can protect margins, retain loyal shoppers, and support brand value—even amid inflation. Top Challenges Driving Pricing Strategy Changes Retailers today face slower inventory turnover, shrinking profit margins, and rising inventory costs.

article thumbnail

Maximizing Sales with Effective Product Merchandising

CJ Retail Solutions

Retailers should carefully consider factors such as pricing psychology, competitive pricing analysis, and promotional pricing tactics to determine the most effective pricing strategy for their products.