AI offers great benefits to retailers, but using personal data to set individualized prices, called surveillance pricing, ...
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 ...
An operator's biggest pricing opponent could be the data they are not using. Fuel sales don't exist in a vacuum. For many operators, the real profitability comes from the store, not the pump: ...
Maryland leaders introduced legislation Tuesday that would prevent dynamic, surveillance data-driven grocery store pricing. It comes as the retail industry increases its use of electronic shelf labels ...
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 ...
Retailers are trying to manage cost increases from President Donald Trump's tariffs. A practice known as retail inventory method accounting could affect how higher costs show up in companies' profit ...
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, ...
Retailers are navigating a fresh wave of pricing shifts as August inflation and new tariffs push up costs in categories like autoparts, furniture, and home improvement, signaling tighter conditions ...
The increase was fuelled by the prices of food, leisure, motoring and household services, Jersey Statistics says.