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44% of UK shoppers want best-before date discounts to help cut grocery bills

Retail Focus

With retailers removing best-before dates to reduce food waste, UK consumers still want supermarkets to offer discounts on goods nearing expiry, according to the latest data from Retail Insight , the leading provider of store operations execution software.

Markdowns 147
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New app helps grocers, consumers reduce food waste

Inside Retail

Gander, describing itself as an Australian first, connects shoppers with reduced-price foods nearing their expiration dates, offering discounts and reducing food waste in supermarkets and grocery stores.

Grocer 264
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Coles pockets $1 billion profit as Smarter Selling pays off

Inside Retail

Coles’ Smarter Selling strategy is paying off for the Australian supermarket giant, with approximately $300 million in extra savings in the bank at the end of FY21. Coles’ supermarkets, liquor and express business units reported strong sales, which were up 3.1 I would expect supermarkets to remain subdued moving into FY22.”.

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44% of Uk Shoppers Want Best-before Date Discounts to Help Cut Grocery Bills

365 Retail

With retailers removing best-before dates to reduce food waste, UK consumers still want supermarkets to offer discounts on goods nearing expiry, according to the latest data from Retail Insight , the leading provider of store operations execution software.

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How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

It’s a great opportunity for retailers to start thinking about how to engage with your customer and provide a better shopping experience.”. Major US supermarket Walmart also did a pilot program using 2D barcodes from GS1 recently. Their journey began in 2017 with just loose produce.

Markdowns 130
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The Future of Retail – Embracing Digital Pricing

Retail Design Solutions

Introduction In the ever-evolving landscape of retail, technology continues to revolutionise the way we shop. 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.

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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.) And that’s where markdowns become vital. Only a handful of retailers can effectively avoid markdowns. Forecast Your Product Demand , Not Product Sales.