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

Inside Retail

Consumers are not being served well by the New Zealand grocery duopoly, according to the Commerce Commission – but it stopped short of any major recommendations in the final report into the grocery market tabled this week. .

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You Can’t Spell Retail Without AI

Retail TouchPoints

Online retailers are using AI to create intent-based promotions. Computer vision can track products that consumers remove from the shelves and place in their cart. Price Optimization is for all Retailers. Pricing optimization is a misunderstood AI technology, as it is often confused with dynamic pricing.

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List Price vs. Net Price: What You Need to Know to Optimize Your Pricing Strategies

Wiser

List price is also known as Manufacturer’s Suggested Retail Price, or MSRP. A list price should cover all costs of product development and operations, and it must also generate a desirable profit for the company. What is Net Price? In most cases, few products will sell for the list price.

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How to Price Your Product for a Successful Retail Launch

Retail Bound

One crucial aspect that can make or break your product launch is pricing. Setting the right price for your product is essential because it not only affects your sales and revenue, but it also sends a message to consumers about the value and quality of your offering. Happy selling!

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Woolworths’ Countdown stores failing Kiwi consumers, says local watchdog

Inside Retail

New Zealand has an effective grocery retailing duopoly that is not serving consumers well, according to a preliminary report from competition regulator the Commerce Commission. Consumer NZ welcomed the preliminary findings and called for legislation to curb the chains’ dominance.

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Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

Matt: [2:02] Yeah have you too I like to think about my career or having two careers to date the first one was, very foundational for what I’m doing now but very quantitative, process-oriented mechanical engineering patent law Manufacturing, Ops Consulting things that had nothing to do with retail or fashion or e-commerce and then I. [2:32]