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As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Barach guides development and customer deployment of antuit.ai

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UK shoppers are taking 30 percent longer to make purchases as inflation bites

365 Retail

Despite this, the study by global review platform Trustpilot found 46 percent of consumers ‘have no choice’ but to go for items with a lower retail price – over factors such as quality – as they can’t afford to pay more. Shopping is now about getting value for money rather than splashing cash around. “We

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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. It’s like that feeling when you go shopping, you get that dopamine hit. I always want the pieces to be pristine, so you feel like you’ve picked up a beautiful piece at a shop. million in series A funding.

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These Were the Top Retail Stories of 2022

VMS

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. Retail prices have inflated and consumer demand has softened. The problem?

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15 Best Apps for a Business Selling Clothes

Small Biz Trends

One standout feature of Poshmark is the app’s virtual posh parties, whereby thousands of Poshmark users gather several times a day to create listings, share listings, and shop. Kidizen is a consignment shop for children’s clothes, and it’s one of the leading apps to sell clothes in this category. The RealReal.

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Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retalon

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. Still, real-world retail operations persist. This is because today’s competitive advantage in retailing can often come down to the customer experience.

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Retail AI & Predictive Analytics Blur the Line between Bricks and Clicks

Retalon

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. Still, real-world retail operations persist. This is because today’s competitive advantage in retailing can often come down to the customer experience.