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Rethinking Pricing: How Dynamic Markdowns can Combat Food Insecurity

Retail TouchPoints

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
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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.

Grocer 264
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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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How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

It’s a great opportunity for retailers to start thinking about how to engage with your customer and provide a better shopping experience.”. Major US supermarket Walmart also did a pilot program using 2D barcodes from GS1 recently. Their journey began in 2017 with just loose produce.

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

365 Retail

Younger demographics were more likely to exclusively buy items on promotion, with Millennials saying that nearly half (47%) of all the food they buy is on offer, while 37% of Gen Z’s shopping baskets consist of promotional or marked down produce.

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44% of Uk Shoppers Want Best-before Date Discounts to Help Cut Grocery Bills

365 Retail

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.

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The Future of Retail – Embracing Digital Pricing

Retail Design Solutions

Introduction In the ever-evolving landscape of retail, technology continues to revolutionise the way we shop. As the traditional yellow discount stickers may soon become a thing of the past, supermarkets are turning to digital price tags and high-tech stickers to provide real-time pricing updates.