AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, ...
Have you noticed how technology is rapidly transforming our shopping experiences? From online marketplaces to self-checkout kiosks, the retail landscape is evolving at breakneck speed. Today, let's ...
Pricing continues to be one of the most crucial decisions retailers face. Set prices too high, and customers drift away; too low, and profit margins suffer. Traditional pricing approaches typically ...
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Clear Demand and Bungee Tech announced their merger to create the retail industry's most comprehensive AI-powered pricing optimization and competitive intelligence ...
The Manufacturer's Suggested Retail Price (MSRP) is a recommended price point set by manufacturers to guide retailers in selling their products. This price typically encompasses all associated ...
The retailer has made a major move in how it prices items, and Target, supermarket chains, and others might have to follow. Retailers want to cut labor costs; that was the logic behind the wave of ...
Retail prices of used vehicles are rising considerably faster than wholesale prices, with the gap between them approaching $15,000. That’s according to J.D. Power’s Used Market Update for October, ...
Economic headwinds, geopolitical tensions and budget-conscious consumers are creating a perfect storm of uncertainty for retailers. In this high-stakes environment, a retailer’s traditional playbook ...
KANSAS CITY — The global cocoa meltdown of 2024 may have peaked with futures prices in April, but chocolate lovers are just beginning to experience its worsening effects. Nearby December New York ICE ...
The move is in stark contrast to Costco’s usually fair pricing practices. There’s a reason Costco has long maintained such a loyal customer base. Consumers know they can walk into pretty much any ...