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. You cannot optimize prices without managing them, however.

Management 41

Management Markdowns Accounting Retailing Pricing 41

Wiser

DECEMBER 11, 2018

It should be a model for how other retailers, especially discount stores, operate in the current climate. . Ultimately, there is still a definite need for physical retail stores of all categories. The post How to Manage Your Retail Operations When You’re in Growth Mode appeared first on Wiser Retail Strategies.

Management 68

Management Discount Store Store Operations Checkout 68

Inside Retail

OCTOBER 26, 2022

According to ARA CEO Paul Zahra, Halloween has grown in Australia on the back of the ongoing globalisation of retail and retail promotions. Kmart divisional merchandise manager Rob Day has seen an increase in popularity of the discount department store’s Halloween range, as more families and individuals have become involved in the event.

Promotions 246

Promotions Consumer Shopping Discount Store 246

Inside Retail

JUNE 1, 2021

“We want to be the first port of call for brand-conscious and value-conscious Gen Z and millennial consumers,” said Justin Seskin, one of TheDOM.com’s co-founders, along with Thrills director Howard Blend and It Works managing director Paul Downs. . Solving the ‘dirty’ side of discounting.

Consumer 246

Consumer Markdowns Planning Fulfillment 246

Inside Retail

MARCH 13, 2023

Transforming experiences Packworks offers technology for sari-sari store owners to manage their businesses via mobile app, as well as financial products to borrow capital at lower interest rates. We are now working with FMCG companies to provide promotions for these stores with hyper-personalised recommendations for consumers.

Consumer 130

Consumer Store Operations Marketing Promotions 130

Mike Anthony

JULY 28, 2021

The IGD in the UK predicts that the discount channel will be the fastest growing grocery channel in the UK over the next five years (yes – faster than online!). And in most markets they continue to aggressively expand their store footprint, which will make their stores even more convenient to visit. Firstly, it’s a fallacy.

Shopping 147

Shopping Discount Store Returns Management 147

DMS Retail

JULY 7, 2022

The superstores, the warehouse clubs, the discount stores and ‘brands for less’ type stores are all examples of no service on the floor or, simply, self — service. Assisted by sophisticated systems and promotions and signage and advertising…the goods were sold by people. Just think about it.

Suggestive Selling 45

Suggestive Selling Discount Store Returns Planning 45