A large retail chain had a problem. It sold three similar power drills: one for about $90, a purportedly better one at $120 and a top-tier one at $130. The higher the price, the more the store ...
In the retail landscape, the way businesses approach pricing strategies and customer loyalty has undergone a significant transformation, largely driven by the rise of artificial intelligence (AI).
Artificial intelligence is rapidly transforming how retailers set prices, sparking public debate and drawing regulatory attention. The Federal Trade Commission’s recent announcement of an inquiry into ...
You probably don’t need us to tell you that growing a retail business depends on having the right software tools for handling payments and financials. What might not be so obvious is how costly it can ...
My Lightspeed Retail POS review covers pricing, inventory tools, ecommerce features, and where it outperforms competitors. Learn whether it fits your retail business. Lightspeed Retail is a ...
A loyal shopper notices the price of their usual olive oil has risen three times in as many months. This feels arbitrary and unpredictable, eroding trust. They wonder: Will it be higher next week?