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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? But will online customers feel cheated by potentially seeing a lower price on their next store visit?

Markdowns 278
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How online supermarket Send can fulfil bold promise of 15-minute delivery

Inside Retail

Adams is aiming to establish thirty locations by the turn of the new year, starting with densely populated markets before looking into expanding beyond metropolitan areas. The first Send Shops will be located in Potts Point, Alexandria and Camperdown in Sydney and Southbank, Melbourne. Send shops .

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Newman’s Own to Launch ‘Pay What You Want’ Food Truck Tour on April 15

Retail TouchPoints

These brand ambassadors will travel to key locations with the food truck, sharing behind-the-scenes moments and promoting the initiative on social media. Customers paid more than the average retail price for their purchases last year, indicating that people give generously when they know their purchase is helping others.

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Digital Is Turning Retail Into An On-Demand Model

Retail TouchPoints

To attract a new generation of shoppers, retailers are looking to redefine go-to-market strategies and reimagine the customer experience inside their physical store locations. Increasingly, consumers want to browse and buy with the ease of click, or find products faster using in-store location technologies.

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Preparing For Peak; Five Tips For Getting Supply Chains Fit For The Festive Season

Retail Focus

Scenario planning must be extended further to model for the unpredictability of full or part-closures of ports caused by Covid outbreaks, cross-border delays linked to Brexit reforms and the impacts of rising costs on margins and retail prices. 4) Acid test accuracy. Ultimately, each of the five steps are informed by supply chain data.

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Hongkong Land banking on Hong Kong’s luxury rebound: strategic or optimistic?

Inside Retail

From a retailer’s perspective, retail brands are optimising their existing locations instead of acquiring new stores. Historically, they’ve done extremely well, and they want to optimise these locations,” he said. There is a caution in the market,” Bradstreet said. China is underperforming. billion by 2030.

Marketing 130
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‘More is more’: Q&A with Camilla CEO, Jane McNally

Inside Retail

Some of our prints sell in the second-hand market for higher than the original retail price, so customers are making an investment. We’d advertised the date in a physical location so we kept that date and launched a platform, we photographed 5000 items, and we re-marketed to go online within 10 days.

Fashion 264