Remove Consumer Remove Markdowns Remove Supermarket
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Rethinking Pricing: How Dynamic Markdowns can Combat Food Insecurity

Retail TouchPoints

However, as consumer backlash against dynamic pricing intensifies — some even threatening to boycott businesses that employ this model — retailers are beginning to reconsider its implementation. In contrast, a promising alternative known as dynamic markdowns is gaining traction.

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New app helps grocers, consumers reduce food waste

Inside Retail

Gander, describing itself as an Australian first, connects shoppers with reduced-price foods nearing their expiration dates, offering discounts and reducing food waste in supermarkets and grocery stores. The post New app helps grocers, consumers reduce food waste appeared first on Inside Retail.

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How Retailers Can Strengthen Sustainability With Data-Driven Pricing Strategies

Retail TouchPoints

It’s a must do if they want to meet consumers’ increasing demand for brands that prioritize environmental and social responsibility. Retailers across verticals must place a greater emphasis on sustainability to remain competitive and reach the growing number of consumers who support prioritizing these efforts when making purchasing decisions.

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44% of UK shoppers want best-before date discounts to help cut grocery bills

Retail Focus

With retailers removing best-before dates to reduce food waste, UK consumers still want supermarkets to offer discounts on goods nearing expiry, according to the latest data from Retail Insight , the leading provider of store operations execution software.

Markdowns 148
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Good, better, best: How Myer is winning during the ‘shift to thrift’

Inside Retail

From essentials – at the supermarket and the petrol pump, in the mortgage and in the power bills – to the not-so-essentials, such as the local café, the fashion boutique, the travel agent and the new car dealer. All that combines to shift the mindset of consumers to what we call ‘mindful consumption’.

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How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

In recent years, consumer awareness around sustainability has continued to grow, as shoppers are now demanding to know the origin of the products that they purchase. With this next generation of barcodes, there’s a real opportunity to connect with consumers in ways we haven’t before,” explained Richard Jones, chief marketing officer at GS1.

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Over a Quarter (27%) of UK Shoppers Now Only Buy Goods on Promotion, According to Pricer’s Research

365 Retail

I ncreasing numbers of UK consumers are limiting their spending exclusively to goods on promotion to trim costs and make squeezed budgets go further, the latest research from Pricer, the leading in-store automation and communication solutions, reveals.