Price Image is how shoppers perceive a store’s pricing relative to its competitors. It is not the same as Price Index. Many more things go into establishing price image, including promotion programs, elasticities, seasonality, price ending numbers, and the overall design of a retailer store. Continue Reading Using Price Image to Formulate Pricing Strategy
At the inaugural GroceryShop event in Las Vegas late last year, Frank Scorpiniti, CEO of health and wellness store Earth Fare, sat down with Ken Ouimet, CEO of Engage3. Frank… Continue Reading CEO of Earth Fare Talks Shop With Ken Ouimet
In response to the opening of new Amazon Go stores, Walmart and Sam’s Club are doubling down on its retail technology with an experimental store location in Dallas. At the end… Continue Reading Sam’s Club Now: A Review
Now more than ever, pricing based on solid data is necessary for retailers to succeed in this increasingly competitive market. This latest report from Gartner gives an overview of the different… Continue Reading Gartner’s Market Guide for Unified Price, Promotion and Markdown Optimization Applications, Update 2018
We wish you and your families the best this holiday season. Enjoy our version of Winter Wonderland! Author Anisha Yerramilli View all posts
When European retailer Aldi started opening stores up and down Britain in 2016, people who lived close to a new retailer location started noticing that the value of their homes… Continue Reading The Aldi Effect: Are Walmart prices higher in locations where there is no Aldi store?
Food Costs on the Rise USA Today recently came out with a report about which grocery item costs have risen the most in the last ten years. The increases ranged from… Continue Reading What’s Driving Up Your Grocery Bill? The Costs Explained.
Retail is at a tipping point This was a main theme at GroceryShop’s inaugural event last month in Las Vegas. The event was attended by over 2,200 retail and… Continue Reading The Rise of Agent-based Shopping
Pricing in a Post-Tariff Market As the markets closed on September 17th, the United States announced another round of tariffs against Chinese products. The tariffs, this time consisting of $200… Continue Reading Pricing in a Post-Tariff Market
November 8, 2018 – BERKELEY, Calif. With the launch of the latest store, Amazon now has three Amazon 4-star retail locations in the United States. The second store opened last… Continue Reading Amazon 4-Star Review
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