Retail Focus

FEBRUARY 4, 2025

Personalised Recommendations One of the most visible applications of AI in retail is personalised product recommendations. Retailers are using machine learning algorithms to analyse customer data and purchase history to provide tailored suggestions and recommendations.

Inventory Management 162

Inventory Management Markdowns Checkout Customer Experience 162

Retail TouchPoints

AUGUST 28, 2024

“Since food inflation took off globally, we have been laser-focused on doing what we can to keep prices lower for customers, including opening more discount food locations in more parts of the country. This new test concept allows us to pass on lower prices to our customers – it’s a completely different and simplified shopping experience.”

Grocer 272

Grocer Supermarket Planning Retailing Pricing 272

Retail TouchPoints

APRIL 25, 2022

Conscious consumption is on the rise and two big names in retail have launched new programs to tap into the consumer appetite to shop sustainably. Items are available at up 60% off retail prices. eBay UK Features ‘Imperfect’ Products from North Face, Puma and More. ” .

Fashion 278

Fashion Apparel Supply Chain Management Consumer 278

Inside Retail

MARCH 24, 2025

Pricing dynamics Last year, a rare BTS Jimin photocard fetched 3 million won (around US$2056) on Global Bunjang, with the purchase coming from the US. In official retail, prices are fixed and set based on predetermined factors like brand value, production costs, logistics and marketing expenses, Lee said. million KRW ($1029).

Shipping 130

Shipping Marketing Accessories Apparel 130

Inside Retail

JULY 23, 2024

I expect to see immersive games included as the app evolves, three-dimensional models you can browse and interact with in AR, and the ability to shop Balenciaga ready-to-wear pieces using Apple Pay.” “The app currently has a ‘soon’ tab,” she added. “I A Gucci Story. “In

Fashion 278

Fashion Shopping Retailing Pricing Returns 278

Retail TouchPoints

AUGUST 3, 2020

Two years later, as consumers adapted to shutdowns designed to stem the spread of COVID-19, EY recognized that the speed of consumer transformation had greatly accelerated and that new research was needed, explained Jeff Orschell, EY’s Americas Retail Leader and Global Account Leader, in an interview with Retail TouchPoints.

Consumer 279

Consumer Fulfillment Retail Trends Shopping 279

Intelligence Node

DECEMBER 14, 2023

The post Retail Predictions for 2024: Navigating the Future of Shopping appeared first on Blog. These are shaped by evolving technology, stiff competition, and changing consumer preferences. To stay ahead of.

Shopping 118

Shopping Consumer Retailing Pricing 118

Inside Retail

JANUARY 24, 2024

The investigation will include the pricing practices of the supermarkets and the relationship between wholesale – including farmgate and retail prices. Moreover, the inquiry will also explore emerging issues such as online shopping, technological advancements, and loyalty programs.

Supermarket 243

Supermarket Checkout Wholesale Consumer 243

Inside Retail

JANUARY 18, 2024

Goodbyes is Australia’s largest bricks-and-mortar resale service and secondhand shopping experience. Its hybrid consignment model and curated in-store shopping experience have made it a go-to destination for economic and environmental shoppers who still want to be fashion-forward. And then of course, impact.

Fashion 244

Fashion Target Market Shopping Location 244

365 Retail

OCTOBER 17, 2023

Genie Shopping, a leading UK retail price comparison engine , has appointed performance marketing expert Warrick Lambert as its first-ever Chief Executive Officer. The company’s accelerated growth has been propelled by a surge in online shopping and a strategic shift towards a Comparison Shopping Services (CSS) model.

Shopping 98

Shopping ATS Comparison Shopping Retailing Pricing 98

Retail TouchPoints

AUGUST 17, 2021

When connected to a payment device such as a credit card, this can enable consumers to load merchandise directly into shopping bags in their cart, and bring it out to their car without waiting in line. It personalizes the shopping experience so that each shopper feels special. Price Optimization is for all Retailers.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Retail TouchPoints

OCTOBER 22, 2020

Retailers and their shoppers are whiplashed accordingly. This poses unprecedented uncertainties for retail pricing and merchandising teams for the holidays in 2020. Here are some of the issues facing retailers — and ways that they can harness AI-powered pricing and promotions to cope with them productively.

Promotions 271

Promotions Markdowns Returns Shopping 271

Inside Retail

JUNE 18, 2024

The Memo’s Kate Casey on investing in experience Premium parenting retailer The Memo is shrugging off the challenging economic environment and continuing to expand its physical store network. The omnichannel retailer is scheduled to open its third boutique in Melbourne on June 22 at Highpoint shopping centre.

Consumer 279

Consumer Boutique Customer Experience Fashion 279

365 Retail

JULY 14, 2021

Shoppers looking forward to having their school-age children back to in-person learning this autumn are eager to shop earlier and spend more than in recent years. Conversely, 78% of shoppers ‘often’ or ‘always’ shopped in store pre-COVID, which fell to just 39% in spring 2021. Science-Based Pricing is Now Imperative.

Shopping 98

Shopping Promotions Returns Apparel 98

Inside Retail

JULY 13, 2023

The brand has a range of partnerships in the works, and recently opened its first domestic flagship – a 167sqm store at Chadstone Shopping Centre, showcasing new trends and styles, and introducing new customers to the vintage brand. Those price increases across multiple brands are certainly putting pressure on spending as well.

Planning 246

Planning Wholesale Shipping Location 246

RETAIL MANAGEMENT SOFTWARE

MAY 21, 2024

It’s essential to emphasize the unique value proposition of products and services to justify pricing decisions and maintain customer loyalty. Underestimating Change Management: Implementing a new retail pricing solution requires changes to processes, systems, and organizational culture. Ready to see ChainDrive in action?

Retailing Pricing 52

Retailing Pricing Management Wholesale Apparel 52

Retail TouchPoints

FEBRUARY 25, 2021

Other benefits of the platform include: Ability to measure share of search on Amazon : Brands can use Ideoclick’s flagship methodology to compare with peers on percentage of estimated traffic, star ratings, review counts, price points and more for chosen search terms; Holistic “one-stop-shop” management: Ideoclick strategists can help companies build (..)

Advertising 147

Advertising Inventory Management Retailing Pricing Management 147

Retail TouchPoints

JULY 29, 2020

Using AI-powered shopping assistants, virtual catwalks and brochures, and 3D product displays can create an entirely new and highly immersive in-store experience. Similarly, the pop-up retail store concept is evolving fast, as brands and retailers look to strengthen emotional connections with consumers and drive longer-lasting relationships.

Payment Services 200

Payment Services Fulfillment Location Consumer 200

Retail Focus

JUNE 3, 2021

But the grinding pressures of a lengthy global pandemic – shoppers avoiding in-store shopping where possible, lockdowns in non-critical retail verticals, parents juggling remote work and homebound kids – precipitated a rapid shift. Even post-pandemic, only 49% anticipate they will often or always shop in-store.

Markdowns 200

Markdowns Promotions Shopping Planning 200

Retail TouchPoints

DECEMBER 13, 2024

Ollies offers close-out merchandise from the worlds most reputable brands at 70% off retail price. Like many retail loyalty programs, Ollies Army offers one point for each dollar spent. That means providing customers with a treasure-hunt experience that gives them access to some of the best products from the best brands.

Payment Services 277

Payment Services Marketing Retailing Pricing ATS 277

Wiser

JANUARY 8, 2024

Retail price checks, an essential aspect of retail, involve monitoring and updating the prices of goods within a store. In the pursuit of competitive pricing and high customer satisfaction, these checks must be accurate, efficient, and consistent across all locations.

Retailing Pricing 141

Retailing Pricing Customer Experience Marketing Location 141

Inside Retail

SEPTEMBER 26, 2022

This is important, because for brands setting up shop in virtual worlds such as Roblox, ‘see now, buy now, wear now’ is what users will expect. A Gucci bag in Roblox sold for about US$5,000 ($7,525), more than the retail price of the physical item in store.

Fashion 246

Fashion Accessories Promotions Retailing Pricing 246

Retalon

JANUARY 17, 2022

A good retail pricing strategy is integral – but is it enough? Setting an optimal product price can be a challenging task in today’s dynamic and data-driven retail environment. Missing the mark when setting prices can have a drastic effect on sales and the overall profitability of a retail business.

Retailing Pricing 41

Retailing Pricing Markdowns Promotions Accounting 41

Retalon

AUGUST 14, 2023

In today’s omnichannel retail world, traditional pricing methods are struggling to keep up. Retail pricing intelligence gives retailers a strategic edge with data-driven pricing decisions. What is Retail Pricing Intelligence and Why Does it Matter? There are treasures to be uncovered.

Retailing Pricing 41

Retailing Pricing Promotions Marketing Spend Marketing 41

Inside Retail

JUNE 20, 2021

Products in the secondhand market tend to be 60 to 90 per cent off the original retail price,” Garner said. These types of consumers put the environment first and they’re really shopping with their conscience. The conscious consumers.

Consumer 182

Consumer Marketing Accounting Retailing Pricing 182

Inside Retail

DECEMBER 20, 2021

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

Advertising 130

Advertising Promotions Retailing Pricing Shopping 130

Inside Retail

DECEMBER 20, 2021

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

Advertising 130

Advertising Promotions Retailing Pricing Shopping 130

Small Biz Trends

NOVEMBER 7, 2022

When pricing handmade products, there are a few different structures and terms that may impact your decisions. From retail price to wholesale price, here are the top terms to know as you price your handmade products. Retail Price. Selling Price. Template for Pricing Handmade Goods.

Wholesale 128

Wholesale Retailing Pricing Shipping Accounting 128

Retail TouchPoints

JANUARY 3, 2023

ATO attacks cost retailers millions of dollars each year. Web and API Scraping Web and API scraping are often used by competitors to undercut retailers’ pricing and promotions. They set up identical online shops on spoofed domains and launch paid search ads to sell discounted counterfeit goods.

Merchant Services 306

Merchant Services Payment Services Accounting Checkout 306

Inside Retail

NOVEMBER 24, 2024

As such, it commands premium retail prices – nudging 1000RMB ($140) per 30ml bottle – and has drawn investment from French giant L’Oreal’s venture capital fund, Chinese online luxury accelerator Ushopal , and spirits giant and Chivas Regal parent Pernod Ricard.

Supply Chain Management 130

Supply Chain Management Consumer Marketing Boutique 130

Inside Retail

JANUARY 23, 2025

After starting as a DTC-only brand, Emma Lewisham is now available in over 200 stores, including Space NK, Harrods, Goop and Net-a-Porter, with recommended retail price sales globally for the year ending March 2024 totaling NZ$13 million.

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Beauty and Health Marketing Department Stores Retail Marketing 130

Inside Retail

AUGUST 8, 2021

Founder Rob Adams began exploring contactless grocery delivery during the first wave of Covid-19 last year as a solution for vulnerable members of the community, but soon realised there was strong demand for fresh local produce that could be bought at the same price as a supermarket without the long queues and crowds. Send shops .

Supermarket 130

Supermarket Fulfillment Wholesale Shopping 130

Inside Retail

NOVEMBER 14, 2023

As the year-end shopping season kicks off, Zalora , one of Asia’s leading online fashion retailers, and part of Global Fashion Group (GFG), is ramping up its marketing to capture consumers’ attention. A noteworthy initiative during the online retailer’s 11.11 A noteworthy initiative during the online retailer’s 11.11

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Inventory Turnover Fashion Shopping Consumer 130

Inside Retail

MAY 12, 2021

It’s counterintuitive but consumer shopping behaviour for jewellery during Covid has dramatically increased,” Marty Hurwitz, founder and CEO of data and research company MVI Marketing Ltd., told Inside Retail. The company saw a 29 per cent increase year on year to €714.3 million for the first quarter of FY21.

Fast Fashion 234

Fast Fashion Fashion Payment Services Consumer 234

Retail Gazette

AUGUST 1, 2023

The convenience retailer – which has more than 2,400 food stores and 4.58 million active members – looks to lower the cost of ‘member-only’ prices on everyday essential products. The investment includes a retail price reduction on more than 600 ranges, ensuring they are in line with or cheaper than at other rival stores.

Retailing Pricing 97

Retailing Pricing Management Shopping ATS 97

Independent Retailer

OCTOBER 5, 2022

Just in time for the holiday shopping season, retailers can stock their shelves for below wholesale pricing and make a huge profit. Discount Price: $3 per unit Suggested Retail Price: $15 Minimum Order: 56 units. Retailers can even personalize the StashPak’s by using a dome label. Luxe StashPak.

Accessories 98

Accessories Retailing Pricing Wholesale Shopping 98

Retail Gazette

SEPTEMBER 4, 2024

The retailer has refurbished three models of returned HD LED Smart Shop and Polaroid TVs at its electrical returns centre using recycled materials, with three sizes available, including a 32”, 40” and 50”. Asda is to sell refurbished TVs in its stores as it looks to provide customers with more affordable technology.

Supermarket 97

Supermarket Returns Retailing Pricing Location 97