Retail Times

APRIL 28, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides!

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Inside Retail

JANUARY 31, 2023

The Nike x Tiffany & Co Air Force 1 1837 will be available in women’s and men’s sizes, with a retail price of $356.98. The sneakers, which will be available on March 7, are made of premium black suede, have a Tiffany Blue-coloured Swoosh, and co-branded silver elements over each heel.

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Inside Retail

JUNE 19, 2022

“Inflation is now a cold, hard reality, to the extent that the majority of turnover growth over the next few years is expected to be driven by prices rather than volumes,” says the report’s principal author and Deloitte Access Economics partner, David Rumbens. . He expects retail sales by volume will increase by an average of only 1.1

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Inside Retail

AUGUST 25, 2022

The business expects to increase retail prices where necessary, to protect margins and will boost inventory by 52 per cent to protect itself from potential shortages rising from supply-chain interruptions during the next financial year.

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Retail Gazette

AUGUST 1, 2023

The convenience retailer – which has more than 2,400 food stores and 4.58 million active members – looks to lower the cost of ‘member-only’ prices on everyday essential products. The investment includes a retail price reduction on more than 600 ranges, ensuring they are in line with or cheaper than at other rival stores.

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Retail Times

SEPTEMBER 19, 2023

Ed Betts, retail lead Europe at Retail Express, highlights the increasing levels of legal obligation faced by retailers, and the path to ensuring compliance without failing customers Retail pricing has come under significant scrutiny in recent years, and is again in the spotlight.

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Talking Retail

JANUARY 13, 2023

Available now, Curiosities have a recommended retail price of £1.50 Fruittella is expanding into the jellies market with its newest innovation – Fruittella Curiosities. per 110g bag. The HFSS-compliant sweets are made with 30% less sugar, real fruit juice and natural colourings and flavours.

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Intelligence Node

JUNE 1, 2022

The Growing Need for Advanced Retail Pricing Tools The retail landscape has changed dramatically in recent years. eCommerce has flourished and is forecasted to generate nearly 25% of the total.

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Inside Retail

FEBRUARY 16, 2022

” During the half, the company increased its retail prices on selected products to counter rising international shipping costs which were five times higher than pre-Covid levels. “[However,] we believe the discount variety sector presents a significant opportunity for growth over the medium to long term.” million.

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Retail Times

SEPTEMBER 19, 2023

Ed Betts, retail lead Europe at Retail Express, highlights the increasing levels of legal obligation faced by retailers, and the path to ensuring compliance without failing customers Retail pricing has come under significant scrutiny in recent years, and is again in the spotlight.

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Inside Retail

OCTOBER 11, 2022

He added the business has suffered “unrecovered cost increases” where input costs have risen faster than retail prices like higher domestic freight charges and foreign exchange movements. However, in the first quarter, the gross profit margin was 37.2 per cent, which is down 230 basis points against the first quarter of FY22.

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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. Selling Price.

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Retail Focus

JUNE 29, 2022

Members of Beauty Pie will receive a discount at the 7 James Street store, as per their subscription, and non-members will have the opportunity to sign-up to receive up to 75% off retail prices.

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Inside Retail

OCTOBER 10, 2022

Marking the launch, there will be an exclusive Sneaker Raffle where winners will be able to purchase one of 100 coveted pairs of sneakers at their original retail price. The post Sneaker platform SNKRDunk opens first overseas flagship in Singapore appeared first on Inside Retail.

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Retail Wire

AUGUST 31, 2023

France’s Finance Minister Bruno Le Maire is urging the country’s supermarkets and suppliers to accelerate price cuts as consumers struggle with rising food costs and inflation. Although a pledge was made by 75 top food companies to cut prices in July, only about 40 have followed through.

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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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Inside Retail

OCTOBER 11, 2022

The rumoured retail price for the potato chip bag is USD$1800, a huge difference from a $3.99 Dubbed “Lay’s-Branded Bag”, the accessory made its debut at Paris Fashion Week and is an official collaboration with US chips company Lay’s which promoted that bag on its social media accounts. pack of chips.

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Talking Retail

FEBRUARY 3, 2022

It is available in a multi-pack with a recommended retail price. Or just read more coverage at Talking Retail. Salted Caramel Brownie Peace Pop joins the equivalent snack in cookie dough ice-cream to give customers more choice. The new flavour consists of a sweet ice-cream in a salty caramel coating.

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Talking Retail

JANUARY 31, 2022

It gives star billing to its new Easter fondant fancies, which come individually wrapped, 10 of each flavour in a case, with a recommended retail price (RRP) of £1.40 Or just read more coverage at Talking Retail. Country Choice has unveiled its ‘thaw and serve’ range of cakes and biscuits for Easter 2022.

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Independent Retailer

OCTOBER 5, 2022

Discount Price: $3 per unit Suggested Retail Price: $15 Minimum Order: 56 units. Retailers can even personalize the StashPak’s by using a dome label. Discount Price: $10 Suggested Retail Price: $25 Minimum Order: 40. Discount Price: $50 Suggested Retail Price: $99 Minimum Order: 1.

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Retail Gazette

SEPTEMBER 8, 2023

The grocery business, dubbed the “Swedish Lidl,” sold ambient food and fast moving consumer goods to shoppers, which it claimed were 60% cheaper than the recommended retail price. 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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Indigo 9 Digital

NOVEMBER 29, 2022

While you may have paid ten times the retail price for a rare pair of Jordans, not everything sold on Goat is at large markup to the retail price. 30% to 40% of the items sold on Goat are sold at a discount to the retail price. Expanding internationally is a big growth driver for us,” said Lu.

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Apparel Retailing Pricing Accessories Retail Trends 97

Inside Retail

DECEMBER 20, 2021

off of recommended retail price), respectively. Chemist Warehouse said the issue isn’t price gouging, but the issue of retailers’ inconsistent pricing strategies confusing shoppers isn’t one to ignore. “Three separate sales events ran from one, into another and then into the other,” the spokesperson said.

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Inside Retail

DECEMBER 20, 2021

off of recommended retail price), respectively. Chemist Warehouse said the issue isn’t price gouging, but the issue of retailers’ inconsistent pricing strategies confusing shoppers isn’t one to ignore. “Three separate sales events ran from one, into another and then into the other,” the spokesperson said.

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Inside Retail

JULY 13, 2023

Also coming out of Covid-19, a lot of supply chain costs and sourcing costs have gone up, which has forced [retail prices] to go up as a result. Those price increases across multiple brands are certainly putting pressure on spending as well. AS: We’re absolutely seeing signs of it, as everyone is.

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Talking Retail

DECEMBER 16, 2022

The sugar-free lozenges will come in a 50g bag with a recommended retail price of £1.29. Mentholated lozenge brand Jakemans is to launch a sugar-free variant in January. This story continues at Historic lozenge brand launches sugar-free version.

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Retail Gazette

JULY 5, 2023

fine last year when it was found to have engaged in “cartel activity” by fixing the retail price of Rangers football shirts. fine following a secret meeting with Footasylum CEO, and former JD chief executive, Barry Bown at a time where the CMA was investigating JD’s potential acquisition of the footwear retailer.

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Talking Retail

NOVEMBER 17, 2021

on the recommended retail price, and sharing pouches of Celebrations and Quality. Or just read more coverage at Talking Retail. The promotion, available in stores until 23 November, includes Nestlé Dairy Box and Thorntons Continental chocolate boxes at £4 each, saving shoppers up to £1.99

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Talking Retail

JANUARY 16, 2023

Japan Tobacco International (JTI) has announced a change to the recommended retail price (RRP) of its Sovereign Blue products. The new RRP of a Sovereign Blue 20 pack will move to £10.65 this month. RRP changes will also be made to the range’s King Size, Super Kings and Sky Blue King Size products. The tobacco.

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VMS

NOVEMBER 28, 2022

an online retailer of perfumes and other beauty products, plans to open its first permanent physical store next month, Long Island Business News reports. The store will offer more than 900 scents at discounts of up to 80 percent off regular retail prices, according to a company statement. Fragrance.com (Hauppauge, N.Y.),

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Inside Retail

SEPTEMBER 26, 2022

A Gucci bag in Roblox sold for about US$5,000 ($7,525), more than the retail price of the physical item in store. Luxury brands Gucci and Burberry both ran experiences in Roblox to allow players to collect authentic branded digital items.

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Small Biz Trends

AUGUST 18, 2022

The average retail price of flour across the US jumped by 5.3% in July, following trends of rising prices of products in grocery stores, according to data from the Bureau of Labor Statistics. Flour Prices are Up.

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Inside Retail

MARCH 10, 2022

And while some analysts worried that Myer could be impacted by a potential rising inflation, King said that inflation isn’t particularly relevant to the business: 90 per cent of its sales are made at recommended retail prices, so it has a lot of room to move to keep prices fair to consumers and profitable for itself.

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Inside Retail

JUNE 20, 2021

Products in the secondhand market tend to be 60 to 90 per cent off the original retail price,” Garner said. These are the customers that typically do not have the for buying new luxury products but are able to access those in the secondhand market. The conscious consumers.

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Wiser

DECEMBER 12, 2022

For example, if a TV manufacturer sets the minimum price of their product at $450, then the retailer cannot advertise that product for any amount less than $450 without receiving a penalty from the manufacturer. How Retailers Can Work Around Minimum Advertised Price. How Is MAP Different From MSRP?

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Inside Retail

MAY 29, 2023

“By the nature of our location, the cost of freight and the cost of materials to produce goods is a major challenge to work through without putting too much pressure on the retail price,” he said.

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Retail TouchPoints

JULY 15, 2021

Eddie Bauer is following the lead of other top retailers and getting into the rental business with the launch of a new program that will allow customers to rent its technical apparel and gear at “a fraction of the full retail price.”.

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