Primark’s value offering drives its popularity as stores reopen, says GlobalData

Retail Times

Its popularity is a result of its wide appeal product ranges and value price positioning, with the latter becoming increasingly favourable to consumers amid this period of economic uncertainty.

Summer’s slow start slows Best & Less’ sales

Inside Retail

Looking ahead, we expect value-conscious shoppers to continue to be attracted to our differentiated specialty value offer.

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Losing Shoppers in the Economic Downturn – Why its not such a bad thing!

Mike Anthony

See, its not that we actively want to lose consumers and shoppers necessarily (though we might – because not all shoppers are of equal value!). During an economic downturn shoppers’ value equation changes. Not all shoppers are of equal value. We’re all in the same boat.

This Holiday Season Finds Retailers Racing to Make Early Sales

VMS

They are offering customers deeper discounts before an economic slowdown causes a change in behavior once more. Value clearly matters to everyone,” Corie Barry, the Chief Executive of Best Buy, said during an earnings call last week.

The Value Shopper – How to understand shoppers in an economic downturn

Mike Anthony

How should we try to win with the value shopper in an economic downturn? The Value Shopper – Shoppers change behavior in an economic downturn. Shopper Economics™ explains that shopping decisions are a trade off between ‘value’ and ‘cost’. The value shopper is inconsistent.

SKUx Helps Retailers Collect Intent and Interest Data While Delivering Purchase Incentives

Retail TouchPoints

Promotions solution provider SKUx has launched SKUx Offer (X)ccelerator, a tool designed to help brands and retailers transform traditional anonymized advertising tactics into secure, serialized, one-to-one and trackable mobile offers.

April Fools’ Day: worth the effort, or a waste of time?

Inside Retail

If the April Fools’ idea is too far-fetched, random, or not aligned to what is well-known as the brand values, offering, and reputation, then it will miss the mark. In the age of social media, it can feel like a marketer’s job is never done.

Wingstop to open at Trafford Centre as part of Manchester expansion

A1 Retail

Taking a 2,991 sq ft unit in The Orient, Wingstop will be adding its fresh and seasoned menu to the existing 40 restaurants on offer, bringing even more variety to the centre’s food offering.

Loylogic launches unique new loyalty point affiliate programme

Retail Focus

Dezerved is a brand new online marketplace launched by Loylogic to connect loyalty programmes and previously closed-off communities of high-earning individuals with exclusive offers from some of the most luxurious brands in the world.

The Real Greek to open at Trafford Centre as part of Northern expansion

A1 Retail

Taking a 4,700 sq ft unit in the centre’s food court, The Real Greek will be adding its authentic Greek and Eastern Mediterranean menu to the existing 39 restaurants on offer, bringing even more diversity to the centre’s food court.

What’s in Store for Grocery in 2022?

Retail TouchPoints

Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.)

Grocer 103

Black Friday & Cyber Monday 101

Independent Retailer

While there certainly will be bargains offered, and there are still shoppers that plan their budgets and schedules around the discount event, overall, the joy of BFCM has been diluted, according to LoyaltyLion ’s most recent survey. by Charlie Casey.

Kroger extends its hub and spoke delivery model to Oklahoma

Mass Relators

The spoke facility will provide unmatched, impeccable customer service and improve direct access to fresh food in areas eager for the variety and value offered by Kroger.”. CINCINNATI — Kroger Co.

Every Pricing Strategy You Could Be Using Today

Wiser

If an electronics retailer were trying to create a COVID-19 bundle, they might offer a laptop with a mouse, mousepad, and keyboard to encourage the shopper to buy more with a helpful bundle that will ultimately improve their experience. For example, a bottle of shampoo offered at $4.99

Improving Business Process Performance for SAP Landscapes

Cisco CSR

Perceived delays in completing an online store order or attaining value from a paid digital service can quickly result in business lost to the competition. Because it offers no holistic visibility into the entire end-to-end process, Mean Time to Identify (MTTI) and remediate issues is slowed.

Aldi named cheapest supermarket of the year amid ‘significant’ price rises

365 Retail

Lidl, which was the cheapest supermarket in 2020, offered the best deal for shoppers in December, at £23.29 A Waitrose spokesman said: “We’re working hard to deliver great value, offering ethically sourced, great-quality products at fair prices along with excellent service from our partners.”.

How to Write a Price Increase Letter + Examples

Small Biz Trends

You can soften the blow and help ease the minds of your existing customers by offering a professional price increase letter, explaining the decision, and thanking them for their continued business. Step 6: Emphasize Value. Step 8: Offer a Timeline.

Kroger expands fulfillment network

Mass Relators

CINCINNATI — Kroger announced at its 2022 Business Update in Orlando Friday that it will offer more Americans delivery through the addition of spoke facilities in Austin and San Antonio, Texas and Birmingham , Ala.

How to Implement Dynamic Pricing

Wiser

For example, if your business goal is to be a low-cost provider, be sure your dynamic pricing rules and criteria align with offering low-cost items by setting price minimums and maximums below your industry’s average. This can be due to excellent customer service, or a unique value offered. It’s evident that retailers need to utilize dynamic pricing to compete successfully online, with players like Amazon dominating the space.