Shopper Intelligence

APRIL 30, 2021

Category Managers. Sometimes being in Category Management might feel like being a United Nations peacekeeper, a global summit negotiator, or like you dropped into an episode of Game of Thrones. (We We have a whole booklet of cartoons about life as a Category Manager! (We Retailer vs Supplier. The supermarket shelf.

Management 52

Management Promotions Accounting Marketing 52

Retalon

NOVEMBER 20, 2020

Price optimization and price management are terms that often are used interchangeably, but they are not the same thing. When used properly, both price management and price optimization can substantially affect a retailer’s profitability. What is price optimization?

Management 41

Management Markdowns Accounting Retailing Pricing 41

Inside Retail

FEBRUARY 25, 2024

Beauty products don’t have to be at a luxury price point to deliver results with consumers’ purchase decisions driven by active ingredients, high payoff and a relatable brand. Not everyone can afford high-end prices but we all deserve to carry a little bit of luxury in our handbag.”

Supermarket 130

Supermarket Consumer Retailing Pricing Shopping 130

Wiser

FEBRUARY 29, 2024

One crucial theme addressed during a recent Customer Panel hosted by Wiser Solutions concerned the deficit of labor resources within the retail sector. Panelists highlighted the frustration with labor scarcity in an environment where consumer demands and expectations are constantly evolving.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail TouchPoints

AUGUST 17, 2021

Computer vision can track products that consumers remove from the shelves and place in their cart. 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. Practical Benefits of AI in Grocery.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Retail TouchPoints

JANUARY 12, 2023

But there are rules and there are specific ways to get products seen by consumers. For many retailers, success selling on Amazon simply lies in following a set of best practices. Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon. Here’s what’s happening.

Fulfillment 266

Fulfillment Advertising Accounting Planning 266

Inside Retail

MAY 12, 2021

With exciting overseas holidays and drinking and dining off the cards in the past year, some consumers are now indulging in other ways and spending their money on discretionary categories such as fine jewellery, which has seen a rise in sales during Covid. told Inside Retail. The company saw a 29 per cent increase year on year to €714.3

Fast Fashion 234

Fast Fashion Fashion Payment Services Consumer 234

Retail TouchPoints

JULY 29, 2020

Increasingly, consumers want to browse and buy with the ease of click, or find products faster using in-store location technologies. 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.

Payment Services 184

Payment Services Fulfillment Location Checkout 184

365 Retail

OCTOBER 17, 2023

Genie Shopping, a leading UK retail price comparison engine , has appointed performance marketing expert Warrick Lambert as its first-ever Chief Executive Officer. Founded in 2006 under the original name Crowdstorm, Genie Shopping initially operated as a consumer-centric shopping website.

Shopping 98

Shopping ATS Comparison Shopping Retailing Pricing 98

Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. The latter point is more challenging, as recruitment is increasingly competitive, and retailers should ask supply chain partners about their approaches to attracting new talent. Retailers should interrogate the accuracy of stock inventory management and review levels of errors.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Inside Retail

JANUARY 21, 2024

According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models. As the battle for market share heats up, industry experts point to the resurgence of Huawei and the patriotism-driven decision-making of some Chinese consumers to return to using domestic brands.

Marketing 130

Marketing Drop-Shipping Promotions Merchant Services 130

Inside Retail

DECEMBER 19, 2023

This is known as pre-consumer waste and includes scraps, offcuts, and rejected garments that are discarded during the production stage. Meanwhile, sustainable fashion business models like resale, rental and repair only unravel the post-consumer garment waste problems. The retailer doesn’t sit on stock,” added Dean. “The

Fashion 130

Fashion Markdowns Apparel Fast Fashion 130

Retail TouchPoints

DECEMBER 12, 2023

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs?

Markdowns 267

Markdowns Retailing Pricing Promotions Fulfillment 267

Retail Gazette

NOVEMBER 17, 2023

In her new monthly column, broadcaster and consumer expert, Kate Hardcastle MBE – also know as The Customer Whisperer – highlights the retailers making moves to really help shoppers – and those that need to go back to the drawing board. Customer yeh: Club Pret – more coffee anyone?

Returns 68

Returns Consumer Fashion Retailing Pricing 68

Retail Gazette

JULY 5, 2023

fine last year when it was found to have engaged in “cartel activity” by fixing the retail price of Rangers football shirts. fine following a secret meeting with Footasylum CEO, and former JD chief executive, Barry Bown at a time where the CMA was investigating JD’s potential acquisition of the footwear retailer.

Retailing Pricing 110

Retailing Pricing Management Consumer Shopping 110

Inside Retail

MAY 29, 2023

Despite many consumers cutting back on discretionary goods amid financial pressures, LVMH’s oldest luxury fashion house, Loewe , has opened a new store in Melbourne’s CBD. This is underpinned by positive consumer sentiment, and the perception that formal attire would become a more popular option in non-formal settings.

Department Stores 130

Department Stores Fashion Location Apparel 130

Retail TouchPoints

JUNE 8, 2023

With top companies releasing limited “drops” of desired products, limited-edition sneakers can sell for hundreds or thousands of dollars over their original retail price. The market is driven by “sneakerheads” and resellers, often using bots to buy up large quantities of in-demand sneakers, leading to shortages for regular consumers.

Jewelry 251

Jewelry Accounting Fashion Returns 251

Inside Retail

OCTOBER 12, 2023

In the first quarter of 2021, fragrance sales were up 45 percent from the year prior, despite the average retail price for fragrance products growing by 15 percent in the same time period. Notably, the way many consumers discovered and purchased fragrances during the pandemic was online and on their phones. Data from Market.us

Fashion 130

Fashion Consumer Marketing Retailing Pricing 130

Inside Retail

MARCH 10, 2022

And while some analysts worried that Myer could be impacted by a potential rising inflation, King said that inflation isn’t particularly relevant to the business: 90 per cent of its sales are made at recommended retail prices, so it has a lot of room to move to keep prices fair to consumers and profitable for itself.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Retail Gazette

NOVEMBER 23, 2023

More retailers have since jumped on the bandwagon, with some entrants like Boots’ No7 advent building a waiting list of up to 226,000 people back in 2019. Stylus head of beauty Lisa Payne explains that the exclusivity of bagging an advent from one of the top luxury retailers helped to drive the craze at the beginning.

Department Stores 121

Department Stores Drop-Shipping Fashion Marketing 121

Wiser

DECEMBER 12, 2022

If you work in the retail industry, you’ve likely heard of or encountered a MAP policy. Online shopping has exponentially increased the ease with which consumers can find products and compare prices between different retailers, so MAP has become a crucial aspect of product selling for many manufacturers.

Advertising 147

Advertising Retailing Pricing Promotions Shipping 147

Inside Retail

MARCH 14, 2023

The major electronics retailers, like JB Hi-Fi, Officeworks, and Harvey Norman, sell mass-market products. They have a more limited range and they go after high-volume sales and a more general consumer. So it’s a very price competitive margin squeeze at the moment. But there are two dynamics going on at the same time.

Marketing 130

Marketing Shipping Management Point of Sale 130

Wiser

SEPTEMBER 6, 2022

For most, the answer will be price. The ability to compare prices, get the lowest prices, find good deals on products, and so on. The bottom line is that price is always top of mind for consumers. Then, a price match policy will give you those always-competitive prices you seek. If so, we’ll match.

Drop-Shipping 144

Drop-Shipping Advertising Operating Expenses Consumer 144

Indigo 9 Digital

MAY 17, 2022

By Tricia McKinnon The resale market is one of the fastest growing segments of retail. One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. 25% of the items sold on StockX are sold for less than retail price.

Drop-Shipping 98

Drop-Shipping Payment Services Marketing Shipping 98

Retail Smart Guys

SEPTEMBER 21, 2022

The price increases are unpleasant for consumers and retailers since it challenges their budgets and business profitability, respectively. For retailers, price hikes are the initial line of defense to combat the current economic climate. 3 Manage utility expenses. 4 Expand your market. . #4

Planning 40

Planning Retailing Pricing Consumer Returns 40

Inside Retail

NOVEMBER 24, 2021

Premium sneaker and streetwear retailer Subtype is about to open its fifth store in Brisbane. Here, we speak with general manager Liam Robson about designing the brand’s high-end shops and expanding beyond the Australian and New Zealand markets. . Inside Retail : How would you describe the Subtype brand?

Apparel 130

Apparel Fashion Marketing Consumer 130

365 Retail

SEPTEMBER 7, 2021

The first affects stock inventory management. The latter point is more challenging, as recruitment is increasingly competitive, and retailers should ask supply chain partners about their approaches to attracting new talent. Retailers should interrogate the accuracy of stock inventory management and review levels of errors.

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

Independent Retailer

AUGUST 17, 2022

The OFFPRICE show brought buyers from around the world together to shop for products at up to 70 percent off retail prices. Tricia Barglof said “A retailer looking for specific product categories could source a wide range of styles and designs all in one place, instead of having to visit multiple places to find the inventory they need.

Apparel 70

Apparel Accessories Shipping Boutique 70

Retail TouchPoints

OCTOBER 22, 2020

Retailers and their shoppers are whiplashed accordingly. This poses unprecedented uncertainties for retail pricing and merchandising teams for the holidays in 2020. Here are some of the issues facing retailers — and ways that they can harness AI-powered pricing and promotions to cope with them productively.

Promotions 228

Promotions Markdowns Returns Shopping 228

365 Retail

SEPTEMBER 9, 2021

Several essential retailers have already repaid the savings made from the business rates holiday introduced during the pandemic, but there have also been a handful of non-essential retailers who made partial payments too, including fashion chain Next. When we put a price up we’re very clear about that.

Payment Services 62

Payment Services Shipping Retailing Pricing Planning 62

Inside Retail

AUGUST 16, 2021

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items.

Consumer 130

Consumer Beauty and Health Fashion Accounting 130

Small Biz Trends

OCTOBER 7, 2022

Food Prices Rising Affects Small Businesses Nationwide. The news of food prices rising is an issue that affects everyone. Whether you are a consumer or a small business, this pain point can’t be ignored. Either way, gas prices are not where small businesses want them to be. Operations Manager of CallerSmart.

Payment Services 97

Payment Services Wholesale Retailing Pricing Returns 97

VMS

NOVEMBER 30, 2022

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. n 2022, inflation drove prices and interest rates higher. And how can that not have an effect on consumers’ minds? Happy New Year. INFLATION ON. YOUR MIND.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Wiser

AUGUST 20, 2019

Many of the stages of new product innovation will be overseen by product managers, but you’ll also work closely with the marketing team to develop a go-to-market strategy. How will your chosen price affect sales and consumer sentiment? These questions can be answered by pricing professionals. Consumer insights.

Fulfillment 89

Fulfillment Marketing Consumer Advertising 89

Retail Bound

OCTOBER 3, 2022

Are you a small consumer electronics product brand who’s trying to figure out how to sell to Best Buy? Best Buy is the largest brick-and-mortar retailer in the US for consumer electronics, which is why thousands of brands attempt to get their products in the company’s stores every year. If so, you are not alone.

Drop-Shipping 52

Drop-Shipping Shipping Consumer Retailing Pricing 52

Retalon

OCTOBER 24, 2023

Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. How do retailers get into this mess?

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Wiser

AUGUST 29, 2022

To ensure your minimum advertised price policy is followed by retailers, you need to make sure that it reflects the modern market and keeps your brand competitive. Your prices should entice consumers to make purchases while still providing adequate margins for the retailers selling your products.

Advertising 78

Advertising Retailing Pricing Fulfillment Marketing 78