Retail TouchPoints

APRIL 14, 2025

The Food Truck tour kicks off at NYCs Bryant Park. These brand ambassadors will travel to key locations with the food truck, sharing behind-the-scenes moments and promoting the initiative on social media. Beginning on April 15, the truck will begin a tour through the Eastern and Southern U.S. that will run through October 2025.

Promotions 165

Promotions Retailing Pricing Location Consumer 165

Retail Focus

FEBRUARY 4, 2025

Retailers are using machine learning algorithms to analyse customer data and purchase history to provide tailored suggestions and recommendations. For example, when you shop online at Amazon or ASOS, you’ll notice that the recommendations are specific to your browsing and buying behaviour.

Inventory Management 162

Inventory Management Markdowns Checkout Customer Experience 162

Retail TouchPoints

MARCH 26, 2025

Taking into account CVS store footprint, SKU roster, regular pricing and promotional pricing, the company can create up to 900 million different combinations of assortment and price across its stores. If you look at what our merchants have done with our seasonal selection over the last three years, its really exciting.

Beauty and Health 225

Beauty and Health Sporting Goods Location Merchandise Store 225

Retail TouchPoints

OCTOBER 22, 2020

As the pandemic moves into new phases, responses lurch wildly between complete lockdowns to fast-track reopenings and back to lockdowns, at different cadences in every country, state or even locality. Retailers and their shoppers are whiplashed accordingly. Speaking of Online and In-Store Channels….

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Promotions Markdowns Returns Shopping 130

Retail Focus

JUNE 3, 2021

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. Let’s look at three ways that data science can help retailers thrive in a highly competitive multi-channel environment. 41% to an in-store flyer today.

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Markdowns Promotions Shopping Planning 200

Retail TouchPoints

JANUARY 3, 2023

Becoming proficient at navigating these obstacles is key to protecting retail profits. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. ATO attacks cost retailers millions of dollars each year.

Merchant Services 306

Merchant Services Payment Services Accounting Checkout 306

Retail TouchPoints

OCTOBER 14, 2022

There are nuances based on type of retailer, existing ecommerce strategy and whether the products are first-party only or also include third-party fulfillment. At that volume a marketplace model is the most efficient way to scale through use of technology. In the marketplace model the pricing side is simplified.

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Fulfillment Management Accounting Promotions 279

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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Checkout Payment Services Customer Experience Inventory Management 306

Retail TouchPoints

JANUARY 12, 2023

For many retailers, success selling on Amazon simply lies in following a set of best practices. Let’s take a look at a few of these. Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon. Neatness counts at Amazon. Best Practices for Selling on Amazon.

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Fulfillment Advertising Accounting Planning 278

Inside Retail

SEPTEMBER 23, 2024

The Australian Competition and Consumer Commission’s (ACCC) allegations that Woolworths and Coles breached the Australian Consumer Law by making misleading claims about discounts come as retailers head into their most promotional period of the year and serve as a warning to the wider industry.

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Supermarket Promotions Advertising Consumer 130

Inside Retail

SEPTEMBER 26, 2022

The latest designer piece to arrive in the virtual world’s marketplace is a stunning yellow floral Carolina Herrera gown worn by Karlie Kloss during the designer brand’s Spring/Summer fashion show at New York Fashion Week. A Gucci bag in Roblox sold for about US$5,000 ($7,525), more than the retail price of the physical item in store.

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Fashion Accessories Promotions Retailing Pricing 246

Wiser

NOVEMBER 16, 2023

One of its standout features is its capacity to provide competitive pricing and promotions intelligence. Competitive pricing is a crucial element for anyone in retail. With DSI, brands gain near real-time visibility into competitor pricing strategies. Swift action prevented further revenue loss.

Promotions 148

Promotions Outdoor Payment Services Marketing 148

Inside Retail

OCTOBER 11, 2022

In what seems to be an attempt at viral fashion, Spanish luxury label Balenciaga has unveiled a new handbag that resembles a bag of Lay’s potato chips. The rumoured retail price for the potato chip bag is USD$1800, a huge difference from a $3.99 View this post on Instagram A post shared by Lay’s (@lays). pack of chips.

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Accessories Accounting Fashion Promotions 130

Inside Retail

DECEMBER 20, 2021

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

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Advertising Promotions Retailing Pricing Shopping 130

Inside Retail

DECEMBER 20, 2021

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

Advertising 130

Advertising Promotions Retailing Pricing Shopping 130

Talking Retail

NOVEMBER 17, 2021

Nisa is offering its retailers a package of confectionery deals to increase sales in the build-up to Christmas. 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 Or just read more coverage at Talking Retail.

Promotions 84

Promotions Retailing Pricing ATS Marketing 84

Retalon

JANUARY 17, 2022

A good retail pricing strategy is integral – but is it enough? Setting an optimal product price can be a challenging task in today’s dynamic and data-driven retail environment. Missing the mark when setting prices can have a drastic effect on sales and the overall profitability of a retail business.

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Retailing Pricing Markdowns Promotions Accounting 41

Wiser

DECEMBER 12, 2022

A minimum advertised price (MAP) policy is a mutually agreed upon set of guidelines from the manufacturer for the retailer that details what prices their products are allowed to be displayed at. To lower the price, a reseller might offer coupons or discounted rates internally, among other options.

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Advertising Promotions Retailing Pricing Shipping 147

Wiser

AUGUST 17, 2018

According to behavioral economics researcher Dan Ariely , shoppers generally overvalue the benefits of “free” even when compared to higher-quality items at a discounted price. We see this happening in the retail industry all the time. Big companies such as TOMS and Chipotle have seen a lot of success with BOGO promotions.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

Retalon

AUGUST 14, 2023

In today’s omnichannel retail world, traditional pricing methods are struggling to keep up. Retail pricing intelligence gives retailers a strategic edge with data-driven pricing decisions. What is Retail Pricing Intelligence and Why Does it Matter? There are treasures to be uncovered.

Retailing Pricing 41

Retailing Pricing Promotions Marketing Spend Marketing 41

Inside Retail

JANUARY 21, 2024

According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models. or 12.12, people are anticipating better promotions from vendors. In the case of the iPhone promotion in China, she observed that price cuts are happening all over APAC too.

Marketing 130

Marketing Drop-Shipping Promotions Merchant Services 130

Inside Retail

FEBRUARY 1, 2024

One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70. It has launched its Chinese New Year promotion and a “10-billion-yuan Discount’ day, that runs until the 17th of February. Another company rolling out huge discounts in the Chinese market is JD.com.

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Payment Services Consumer Marketing Promotions 130

Wiser

MARCH 17, 2020

They want to feel like they’re getting deals, either against a similar brand or a different retailer. Pricing something at $19.95 There’s also the promotional aspect of it. Prices that end in nines or other numbers are often indicative of sale. Furthermore, many shoppers buy based on emotions.

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Markdowns Consumer Promotions Retailing Pricing 135

Inside Retail

SEPTEMBER 19, 2022

With the rapid evolution of digital channels and online shopping, a global pandemic, and supply-chain challenges, retail is evolving at an unprecedented pace. Customer expectations of engagement and experience in retail are changing equally quickly. To win in retail, you can’t just have a winning online store.

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Customer Experience Customer Retention Marketing Promotions 147

Inside Retail

JULY 29, 2021

In competitive terms, the major retailers, Woolworths NZ and Foodstuffs, are a duopoly, and while there is an increasingly diverse fringe of other grocery retailers, they have a limited impact on competition,” said commission chair Anna Rawlings.

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Consumer Supermarket Wholesale Promotions 130

Inside Retail

MAY 30, 2024

Halara is a fast-growing athleisure and lifestyle brand founded in October 2020 by Joyce Zhang, a technologist who previously led algorithmic projects at tech-centered companies like Microsoft and Hulu. Hirata sat down with Inside Retail to discuss the brand’s growth strategy and its upcoming plans for building a physical in-store presence.

Markdowns 130

Markdowns Wholesale Planning Consumer 130

Small Biz Trends

NOVEMBER 30, 2022

In this article, we’ll take a deeper look at how Redbubble works and how to sell on Redbubble. Customers can browse through hundreds of artists and purchase products with their artwork at a great retail price. Promote your listings. Promote your artwork to your social media followers to sell products.

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Payment Services Drop-Shipping Accounting Promotions 111

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. How regularly are retailers achieving optimum selling prices?

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Inventory Management Supply Chain Management Shipping Planning 147

Wiser

AUGUST 13, 2024

Traditionally held in July, this two-day event offers brands an unparalleled opportunity to boost sales through deep discounts and strategic promotions. However, as competition heats up, it’s not just about slashing prices. Prime Day 2024 offered a clear example of these dynamics at play.

Consumer 78

Consumer Promotions Advertising Shopping 78

Retail Gazette

NOVEMBER 22, 2023

Big retailers now face a 6.62% rise on their business rates bills next April. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Former New Look boss Nigel Oddy, now CEO of American Golf, welcomed the extension: “This is a win-win for consumers, retailers, and the economy.

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Promotions Retailing Pricing Consumer Shopping 111

365 Retail

JULY 14, 2021

But even as the social environment returns to ‘normal,’ the dramatic pandemic-era shift to online channels will persist, and retailers need to be much more vigilant than in past back-to-school seasons about presenting current, relevant prices and promotions to shoppers both in-store and online. www.demandtec.com .

Shopping 98

Shopping Promotions Returns Apparel 98

Inside Retail

JULY 26, 2021

Yves Saint Laurent partnered with China Duty Free Group to bring its #Claimyourlove campaign to Hainan on China’s Valentine’s Day 2021, launching a sweat-proof, all-weather foundation at the tropical paradise. Brands do not even need an offline presence at CDF to open online brand boutiques within the WeChat store.

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Social Commerce Advertising Apparel Accounting 130

Inside Retail

NOVEMBER 14, 2023

They can see sketches, 3D mockups and all the information on colourways, sizes, recommended retail prices and even carryover styles from previous best-selling items that may be incorporated into the new design.” The other part of the group focuses on communications – developing, planning and creating the assets to promote the product.”

Marketing 130

Marketing Planning Apparel Consumer 130

Wiser

JULY 14, 2020

We tend to think of pricing as its own distinct practice. You develop a product, produce it, promote it, and sell it. In reality, a pricing strategy needs to be baked into the entire process. If that’s the case, does the pricing reflect the value? If that’s the case, does the pricing reflect the value?

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Bundled Pricing Markdowns Consumer Marketing 128

Independent Retailer

AUGUST 17, 2022

The 55th OFFPRICE Show , held between August 6-9th 2022 at the Venetian Expo in Las Vegas, kicked-off the summer edition of Las Vegas Fashion Week. Retailers of all sizes came to source excess inventory that is hitting the market to fill gaps in their open-to-buy dollars and preview resort and early spring merchandise. .

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Apparel Accessories Shipping Boutique 97

Wiser

OCTOBER 12, 2017

But one aspect of this unified retail experience that gets tricky is omnichannel pricing. Depending on the specific retailer, price parity or channel-based pricing may be most effective. . Shoppers have more information than ever at their fingertips. How to Get Omnichannel Pricing Right .

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Promotions Advertising Accounting Target Market 74

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. Retailers and wholesalers both must manage merchandise prices. Managing prices has never been easier.

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Wholesale Management Promotions Retailing Pricing 59