Retail TouchPoints

APRIL 29, 2021

Casey’s General Stores has formed a partnership with Engage3 to help optimize its market information. The convenience retailer will harness the Competitive Intelligence Management (CIM) solution to gain access to granular competitive data on 30 billion product pricing records collected annually in the U.S.

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Inside Retail

NOVEMBER 14, 2023

As consumers constantly chase ‘the next best thing’ brands and retailers are realising more than ever the importance of accurately predicting demand and getting new products to market in as short a time as possible. The time to market for a new product has been cut by 20 per cent. It is directly connected to Adobe Illustrator.

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Retail TouchPoints

FEBRUARY 2, 2022

In my experience, the data is what keeps retailers from making the big jump to new pricing technologies and strategies.

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Retail Gazette

SEPTEMBER 8, 2023

Online discount grocer Motatos has shut down its store in the UK just one year after launching in June 2022 due to what it described as ‘tough’ market conditions. The company maintained cheap prices by selling products that were out of season, close to their best before dates or had old packaging.

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365 Retail

SEPTEMBER 9, 2021

DemandTec, which offers end-to-end, AI-powered lifecycle pricing solutions globally, has announced the appointment of Denise Vardakas-Styrna as VP, Marketing. Michaud appointed Vardakas-Styrna at a time when he is focused on accelerating DemandTec’s growth and market leadership. Denise Vardakas-Styrna, VP, Marketing, DemandTec.

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Marketing Accounting Retailing Pricing Customer Experience 98

Retail TouchPoints

MARCH 21, 2024

on a year-over-year basis due to a cooling economy, retreating housing costs and the labor and product markets coming into better balance. “If Additionally, inflation is expected to moderate to 2.2%

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Consumer Retailing Pricing Marketing ATS 205

Wiser

JANUARY 8, 2024

Retail price checks, an essential aspect of retail, involve monitoring and updating the prices of goods within a store. However, with the sheer volume of products and the rapid fluctuations in market trends, this can be an overwhelming task.

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Retailing Pricing Customer Experience Marketing Location 141

Inside Retail

FEBRUARY 1, 2024

As the Lunar New Year approaches, retailers around the globe are eagerly gearing up to embrace the festive spirit and capitalise on the significant market opportunities that this joyous occasion brings. One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70.

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Payment Services Consumer Marketing Promotions 130

Inside Retail

SEPTEMBER 6, 2022

Retail prices increased 4.8 per cent through the year to the June quarter with the largest price rises seen in food and household goods. “On On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. “On per cent price growth.”.

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Supermarket Retailing Pricing Apparel Department Stores 246

Inside Retail

JANUARY 24, 2024

The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.

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Inside Retail

AUGUST 25, 2022

Global plus size fashion retailer City Chic says it has accelerated growth across all regions, and reached an “exceptionally strong position” in the US market. For the 53 weeks to July 3, group sales rose 39 per cent to $369.2 million while tax-paid profit increased 4.7 per cent to $22.3 Comp sales rose 25.5 per cent to $162.4

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Retail TouchPoints

NOVEMBER 10, 2021

When daily rental fees add up to the retail price, the customer will own the item with no penalty. “As The rental market has experienced some volatility in recent months. Rent the Runway moved ahead with its IPO in October despite a downturn in its business, reaching a high of $24.77 per share but currently trading at $18.20

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Inside Retail

JULY 13, 2023

Ashley Sampson: Reebok has been in this market for many years, and has operated under different entities. Reebok has undertaken a similar process overseas and, in many markets, we’re seeing similar results to what’s been happening in Australia. AS: We’ve never had retail stores in this market, so it’s really exciting.

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Inside Retail

JUNE 19, 2022

The quarterly Deloitte Access Economics’ Retail Forecasts finds that – based on trend analysis – real retail spending during the quarter to March 31 ran 6.2 per cent ahead of what might have been expected had Covid-19 not disrupted markets from early 2020. He expects retail sales by volume will increase by an average of only 1.1

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Outdoor Retailing Pricing Returns Apparel 246

Inside Retail

JANUARY 18, 2024

Arguably, value might be the largest motivator behind secondhand purchases because when you’re shopping secondhand, you’re able to purchase a piece for a fraction of the original retail price.

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Fashion Target Market Shopping Location 244

Inside Retail

JUNE 20, 2021

While the luxury resale market is already growing worldwide and is worth €20 billion globally, according to a report by Berenberg Bank, it is still in its infancy in China, where pre-owned items account for just 3 per cent of the luxury resale business. “[In our case], it was like converting one consumer at a time.”. The conscious consumers.

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Consumer Marketing Accounting Retailing Pricing 182

Inside Retail

APRIL 9, 2024

For instance, LuxLexicon can leverage our customer and user base, tech team and marketing team to grow online, as well as leverage our data analytics capabilities to improve sales and CRM to name a few,” he said. The Group has been building a team of in-house authentication experts to combat this issue. billion by 2026.

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Payment Services Checkout Fashion Marketing 130

Small Biz Trends

NOVEMBER 7, 2022

When pricing handmade products, there are a few different structures and terms that may impact your decisions. From retail price to wholesale price, here are the top terms to know as you price your handmade products. Retail Price. Wholesale Price. The Profitable Pricing Formula.

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Wholesale Retailing Pricing Shipping Accounting 128

Inside Retail

OCTOBER 11, 2022

At the company’s annual meeting, Matt Spencer, Baby Bunting’s CEO & MD, said the retailer is currently focused on growing its market share, emphasising on providing “value” in a competitive environment. Comparable-store sales growth was 7.6 per cent while online sales represented 19.6

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Retail TouchPoints

JUNE 8, 2023

In fact, the sneaker resale market in the U.S. This article will discuss the sneaker resale trend, major indicators of fraud for retailers to be aware of, and how merchants can combat sneaker fraud using machine learning. Heeling and Dealing The sneaker resale market is a lucrative industry.

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Jewelry Accounting Fashion Returns 234

Indigo 9 Digital

NOVEMBER 29, 2022

When they launched Goat, they really hit the right market segment. They went in and addressed a problem that the industry was having, which was fake products and authenticity, the things that made potential customers very leery of buying online,” said George Belch, chairman of the marketing department at San Deigo State University.

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Apparel Accessories Retailing Pricing Marketing 97

Wiser

FEBRUARY 29, 2024

Commerce execution solutions from Wiser are specifically designed to mitigate these issues, providing brands and retailers with actionable insights and support systems to streamline operations and optimize labor use. The interplay between economic fluctuations and labor market trends was another dominant discussion point.

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Shrinkage Inventory Management Loss Prevention Consumer 78

Wiser

NOVEMBER 16, 2023

Thus, businesses can anticipate market trends, tailor their own promotional activities accordingly, and ensure they consistently provide value for their customers. For example, they observed a shift from deeper price discounts last year to cash-back-oriented promotions this year.

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Retail TouchPoints

JANUARY 3, 2023

ATO attacks cost retailers millions of dollars each year. Web and API Scraping Web and API scraping are often used by competitors to undercut retailers’ pricing and promotions. Neil Cohen is Chief Marketing Officer at Kasada. billion cybersecurity and web performance business.

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Inside Retail

FEBRUARY 25, 2024

Beauty-dedicated retailers like Mecca and Sephora have dominated Australia’s market share along with e-commerce first sites like Adore beauty, but now it appears supermarkets are making a play to enter the space in a more considered way.

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Independent Retailer

OCTOBER 28, 2022

In this article, we will walk you through a few of those formulas as well as some steps you can take to create successful pricing strategies and profit margins. Wholesale Price vs. Retail Price. Producers or distributors charge wholesale prices to retailers. What is the wholesale price?

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Wholesale Retailing Pricing Planning Consumer 70

Inside Retail

NOVEMBER 14, 2023

As the year-end shopping season kicks off, Zalora , one of Asia’s leading online fashion retailers, and part of Global Fashion Group (GFG), is ramping up its marketing to capture consumers’ attention. As more customers added these items to their shopping carts, their prices dropped daily.

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Inventory Turnover Fashion Shopping Consumer 130

Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI.

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Retail TouchPoints

JANUARY 12, 2023

Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon. It’s up to the brand or its agency to manage what your pricing policies will be and how you prevent being undercut by resellers on Amazon. Don’t start without a marketing strategy.

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Inside Retail

SEPTEMBER 26, 2022

Fashion marketing has evolved. For decades, marketing efforts have been designed to result directly in purchases; however, we’re now transacting in the experience economy and there’s a stronger focus on building loyalty through community.

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Fashion Accessories Retailing Pricing Promotions 246

Hunton Andrews Kurth

FEBRUARY 21, 2024

In recent years, consumers filed a spate of class actions claiming that retailers misrepresented the retail price on discounted goods to mislead consumers into thinking they were obtaining a bargain. Judge Bea disagreed, finding that Davidson had been “fatally undercut” by TransUnion.

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365 Retail

OCTOBER 17, 2023

Genie Shopping, a leading UK retail price comparison engine , has appointed performance marketing expert Warrick Lambert as its first-ever Chief Executive Officer. This innovative technology optimizes retailer adverts to appear prominently in shopping search results. .”

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Retail TouchPoints

JULY 29, 2020

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. Retailers are pushing the envelope to create memorable experiences that gather social media ‘Likes’ and excite and enchant consumers.

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Inside Retail

JUNE 14, 2021

StockX was founded on the idea that the stock market is one of the most efficient ways to price goods , but increasingly, it seems consumers are actually treating it like one. . “We Trades of Crocs on StockX last year were up over 700 per cent, and the shoes routinely go for between twice and four times their retail price.

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Inside Retail

DECEMBER 20, 2021

A Chemist Warehouse spokesperson told Choice that the issue was that the Cyber Week sales landed in between two other sales campaigns, meaning, what Choice said identified concerning pricing behaviours were, in fact, “simply the dovetailing of marketing activities”. off of recommended retail price), respectively.

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Inside Retail

DECEMBER 20, 2021

A Chemist Warehouse spokesperson told Choice that the issue was that the Cyber Week sales landed in between two other sales campaigns, meaning, what Choice said identified concerning pricing behaviours were, in fact, “simply the dovetailing of marketing activities”. off of recommended retail price), respectively.

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Inside Retail

OCTOBER 31, 2023

Impact of inflation on makeup sales The US color cosmetics market has been experiencing strong growth, with a 9 per cent increase in retail sales in 2022. However, it’s important to note that by the end of 2023, total retail sales in the US color cosmetics market are expected to increase by 10 per cent, surpassing US$13.6

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