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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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You Can’t Spell Retail Without AI

Retail TouchPoints

When connected to a payment device such as a credit card, this can enable consumers to load merchandise directly into shopping bags in their cart, and bring it out to their car without waiting in line. AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required.

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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

ATO attacks cost retailers millions of dollars each year. Web and API Scraping Web and API scraping are often used by competitors to undercut retailerspricing and promotions. They set up identical online shops on spoofed domains and launch paid search ads to sell discounted counterfeit goods.

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Digital Is Turning Retail Into An On-Demand Model

Retail TouchPoints

Using AI-powered shopping assistants, virtual catwalks and brochures, and 3D product displays can create an entirely new and highly immersive in-store experience. Similarly, the pop-up retail store concept is evolving fast, as brands and retailers look to strengthen emotional connections with consumers and drive longer-lasting relationships.

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Kiwis ‘not served well’ by grocery duopoly, but report reactions mixed

Inside Retail

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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What’s old is new again: The rise of rental

Inside Retail

And in most cases, you end up paying more than the retail price for an item by the end of your term. At checkout, 50 per cent of the order total will be initiated to reserve the blooms and the balance is automatically drafted upon shipment. It’s like that feeling when you go shopping, you get that dopamine hit.

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These Were the Top Retail Stories of 2022

VMS

In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. In September, still struggling to find the key to survival, the retailer announced more than $500 million in new financing. or two Covid-dominated years, a lack of dockworkers left ships unloaded and retail warehouses empty.