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The AI Pricing Debate: Balancing Retail Innovation and Consumer Trust

Retail TouchPoints

This development follows efforts by major brands like Wendy’s and Walmart to implement real-time pricing technologies, raising questions about AI and consumer protection, privacy, and fair practices. The Rise of AI in Retail Pricing The adoption of AI in retail pricing is accelerating.

Consumer 306
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Retail Roulette – Why Black Friday and Cyber Monday discounts are a complete gamble for retailers and consumers alike

Retail Focus

The approach of offering fewer products while increasing promotional impact reflects how a retailer like Currys is refining its strategy to balance consumer preferences with enticing deals to consumers. to a retail price of £2999. to a retail price of £2999.

Consumer 262
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ACCC to live stream supermarkets enquiry

Inside Retail

In January, the inquiry was initiated in response to a directive from the Australian Government due to concerns about supermarket pricing practices, including the potential use of false or misleading “was/now” pricing and “special” promotions.

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The Future of Retail Pricing Strategies in an Unstable Economy

RETAIL MANAGEMENT SOFTWARE

For brands in sectors such as apparel, Footwear, Jewelry, Sporting Goods, Home Goods, and Department Stores, finding the right retail pricing strategies is crucial to survival and profitability. Combined with 2025 inflation trends, where consumer prices are expected to rise another 3.2% Monitor competitor prices in real-time.

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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

From bad to worse The major supermarkets emerged from parliamentary and regulatory agency inquiries as well as concerted political, media, union and consumer group gang tackles in 2024 that damaged their reputation and affected their share price and enterprise value. billion, but booked provisions worth $1.6

Consumer 246
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How AI is Revolutionising the Retail Sector

Retail Focus

This helps retailers optimise inventory levels, staffing, and promotions for smoother operations and waste reduction. Predictive analytics provides retailers with a data-driven approach to demand planning and inventory management.

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How Localization is Helping CVS Position Itself as the Modern General Store

Retail TouchPoints

We are a mass retailer with 9,000 locations that are serving small communities. 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.