Retail TouchPoints

NOVEMBER 11, 2024

In contrast, a promising alternative known as dynamic markdowns is gaining traction. Dynamic markdowns present a fairer solution in the current economic downturn, benefiting both retailers and customers alike. For dynamic markdowns to be effective, clear communication with consumers is essential.

Markdowns 162

Markdowns Supermarket Shrinkage Consumer 162

Retail TouchPoints

JANUARY 7, 2021

These insights are a powerful way to gauge consumer demand for sustainable products with current and past sales data, identify the most profitable promotional strategies, and minimize markdowns and waste from the start. Manage the entire lifecycle to reduce waste from the start. Better track, monitor and gauge customer demand.

Markdowns 325

Markdowns Promotions Consumer Planning 325

Retail Focus

FEBRUARY 27, 2024

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

Markdowns Supermarket Grocer Store Operations 148

Inside Retail

APRIL 17, 2023

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. Tread carefully because markdowns will bite hard if you misjudge stock weights.

Department Stores 246

Department Stores Markdowns Boutique Supermarket 246

Inside Retail

JANUARY 31, 2022

There are also other supply chain benefits for businesses including improved inventory management, recall readiness, sustainability, ethical sourcing and product authentication. Major US supermarket Walmart also did a pilot program using 2D barcodes from GS1 recently.

Markdowns 130

Markdowns Point of Sale Inventory Management Supermarket 130

365 Retail

JUNE 4, 2024

“While inflation is starting to ease, it will take a little while for that ripple effect to make its way in to consumers’ shopping behaviours, so we expect customers to remain sensitive to pricing and promotions for some time to come,” Peter Ward, UK Country Manager at Pricer, commented.

Promotions 62

Promotions Markdowns Supermarket Consumer 62

365 Retail

FEBRUARY 26, 2024

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 62

Markdowns Supermarket Grocer Store Operations 62