Retail TouchPoints

JANUARY 7, 2021

These insights are a powerful way to gauge consumer demand for sustainable products with current and past sales data, identify the most profitable promotional strategies, and minimize markdowns and waste from the start. Businesses can then better predict and measure markdown results while dynamically updating markdown plans.

Markdowns 324

Markdowns Promotions Consumer Planning 324

Inside Retail

APRIL 17, 2023

From essentials – at the supermarket and the petrol pump, in the mortgage and in the power bills – to the not-so-essentials, such as the local café, the fashion boutique, the travel agent and the new car dealer. Tread carefully because markdowns will bite hard if you misjudge stock weights.

Department Stores 246

Department Stores Markdowns Boutique Supermarket 246

Inside Retail

JANUARY 31, 2022

At Woolworths, we plan to build on the potential of these barcodes to offer customers valuable information on provenance, quality and sustainability. Major US supermarket Walmart also did a pilot program using 2D barcodes from GS1 recently. Their journey began in 2017 with just loose produce. “At

Markdowns 130

Markdowns Point of Sale Inventory Management Supermarket 130

Retail Design Solutions

FEBRUARY 23, 2024

As the traditional yellow discount stickers may soon become a thing of the past, supermarkets are turning to digital price tags and high-tech stickers to provide real-time pricing updates. Currently, UK supermarkets and food retailers are responsible for approximately 300,000 tonnes of wasted food each year.

Markdowns 52

Markdowns Supermarket Inventory Management Consumer 52

Retalon

JUNE 10, 2020

Price planning is one of the most difficult (and often misunderstood) elements of retailing strategies. But emulating successful retailers in price planning isn’t enough. Standard price planning strategies (competition pricing, cost-plus, high-low, EDLP, etc.) What does this mean for price planning?

Planning 41

Planning Markdowns Promotions Accounting 41