Inside Retail

JANUARY 24, 2024

The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.

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Retail TouchPoints

JANUARY 3, 2023

ATO attacks cost retailers millions of dollars each year. Web and API Scraping Web and API scraping are often used by competitors to undercut retailers’ pricing and promotions. Fake accounts are often aged so they appear legitimate and circumvent validations during checkout. Some of the key strategies include: 1.

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Retail TouchPoints

AUGUST 17, 2021

AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required. It can also increase self-checkout, reducing the number of employees required to keep the store running effectively. Price Optimization is for all Retailers. For shoppers, AI helps improve the customer experience.

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Inside Retail

APRIL 9, 2024

This is due to many factors, including the growing importance of making more sustainable choices, a desire to have higher-quality products, increasing retail prices of luxury items, and scarcity of in-demand items,” he opined. billion by 2026.

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Retail TouchPoints

JULY 29, 2020

For example, sustainable ‘rental fashion’ is one phenomenon taking over the industry as Millennial and Gen Z consumers, who value access over ownership, buy into the concept of hiring clothing at a fraction of the retail price.

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Inside Retail

MARCH 8, 2022

HortNZ CEO Nadine Tunley said greater transparency would enable consumers to understand better the price they pay for New Zealand-grown fruit and vegetables. Pointing out that grower returns have not increased for at least 10 years, she said retail prices and costs – labour, freight and compliance – have steadily increased. “In

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Retalon

AUGUST 14, 2023

Retail dynamic pricing, powered by AI, is emerging as the compass to guide retailers through the convoluted maze of data-driven pricing strategy. Boosts Revenue: Ensures products are always priced “just right” to drive sales. No more dust-gathering items priced too high or too low.

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