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. Businesses can then better predict and measure markdown results while dynamically updating markdown plans.

Markdowns 325

Markdowns Promotions Consumer Planning 325

Inside Retail

AUGUST 27, 2024

The supermarket chain’s net profit before significant items slid 0.6 Big W’s sales remained flat amid markdowns to clear the autumn/winter range. Woolworths Group booked lower earnings despite higher sales in the last fiscal year. per cent to $1.71 billion while net profit after significant items plummeted 93.3 per cent to $67.92

Net Profit 275

Net Profit Markdowns Supermarket ATS 275

Inside Retail

JULY 6, 2023

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

Grocer Consumer Markdowns Supermarket 264

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 147

Markdowns Supermarket Grocer Store Operations 147

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

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