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Rethinking Pricing: How Dynamic Markdowns can Combat Food Insecurity

Retail TouchPoints

Unlike surge pricing or dynamic pricing, dynamic markdowns ensure consumers consistently receive the best value while helping retailers manage inventory and reduce shrinkage. This approach not only promotes affordability but also enhances sustainability by reducing waste and improving shelf rotation in supermarkets.

Markdowns 162
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The productivity revolution: Transforming retail operations to combat inflation

Inside Retail

Shrinkage: -15 per cent. By improving efficiency, businesses free up resources (time and money) that can be reinvested into strategic priorities such as pricing, promotional activities, product development or even store refurbishments. Sales: +25 per cent. Market share: +2.2 Stockouts: -21 per cent. Costs: -15 per cent.

Shrinkage 130
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10 Tips to Improve Inventory Management

Small Biz Trends

Physical counts allow you to monitor shrinkage and understand inventory costs, providing valuable insights into areas needing improvement. During audits, compare physical counts with expected inventory amounts to identify issues like shrinkage. Periodic reviews can improve promotional strategies and their effectiveness.

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Dorotape is thrilled to unveil Glass Apeel, a PVC-free game-changer for stunning, easy-to-apply printed window graphics.

Retail Focus

Easy to install – Completely repositionable and fully reusable Residue-free – Quick, easy and clean removal Eco-friendly – Free from PVC, Phthalates and VOCs Temperature-resistant – Stays flat and performs well in varying conditions without shrinkage Michael Ingram, Managing Director at Dorotape , announced the exciting development.

Shrinkage 148
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How STORIS Helps Appliance Retailers Stay Ahead

Storis

Reduce purchase hesitation with interest-free promotional plans, improving conversion rates. By implementing serialized inventory tracking , retailers can eliminate errors, reduce shrinkage , and ensure seamless warranty validation. Simplifies product recalls , allowing retailers to instantly locate affected units.

Finance 52
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Choose the Best Medical Scrubs: High-Quality Scrub Slacks and Sets for Nurses

365 Retail

To do their jobs properly, medical professionals must wear clothing that is comfortable, durable, and functional Scrub slacks and scrub sets are two of the most essential pieces of a healthcare uniform Choosing the right scrubs ensures that you are comfortable during long shifts, have the freedom to move, and present yourself professionally In this (..)

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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Targeted advertising: You can use data to target promotions effectively, enhancing campaign ROI. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.