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Rethinking Pricing: How Dynamic Markdowns can Combat Food Insecurity

Retail TouchPoints

However, as consumer backlash against dynamic pricing intensifies — some even threatening to boycott businesses that employ this model — retailers are beginning to reconsider its implementation. In contrast, a promising alternative known as dynamic markdowns is gaining traction.

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Dollar General Plans 575 New Stores, 4,250 Remodels, Tests Same-Day Delivery

Retail TouchPoints

Dollar General has struggled in the last year as lower-income households have pulled back on discretionary spending, while at the same time it has been fielding a host of consumer complaints about the condition of its stores. The retailer has been fined several times recently for workplace safety violations. over the same quarter in 2023.

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David Jones, LSKD reveal how their Black Friday sales are performing so far

Inside Retail

With consumer sentiment and discretionary spend down, many retailers are already facing reduced profit margins and a higher cost of doing business, making hefty discounting for prolonged periods a particularly costly exercise. LSKD’s approach has also garnered the attention of consumers and its community. “We

Markdowns 241
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How retailers are protecting margins and profits amid economic uncertainty

Inside Retail

Walking the margin With consumer sentiment falling to new lows in 2024, the challenge on top of mind for many retail CFOs was preserving margin amidst conflicting business needs. That wasnt helped by shrink in-store, particularly consumables, reaching an all-time high.

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Retail Roulette: When Promotions Become High‑Stakes Risks

Retail Focus

Smart markdowns keep the shelves clean without damaging your brand. Consumers Aren’t Off the Hook Either We love the game, but we’re often blind to how it plays us. Or were you just seduced by a 70% markdown and the words “final hours”? When Promotions Work (And When They Don’t) Promotions can be brilliant when done right.

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AI in Action: How Retailers are Transforming Demand Forecasting with New Tech

Retail TouchPoints

These mismatches also create the need for either markdowns or additional shipping costs to get the products to where they are more likely to be sold. They dont listen to consumers or market signals; we find over and over again that they dont do this right.

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Smart supply chains tackle labour, inventory and fulfilment challenges

Inside Retail

Enhanced inventory accuracy also leads to fewer markdowns, lower storage costs, and less waste, directly contributing to improved EBIT. A 2023 survey found that 81 per cent of Australian consumers would not buy again after a poor delivery experience. This reduces returns, builds customer trust, and improves forecasting.