Retail Pricing: How Leading Retailers Are Leveraging AI to Fight Back
The first blog in this two-part series focused on the primary challenge facing retailers today: mega-retailers have forced prices down, based on their economies of scale and hyper-optimized supply chains. Smaller retailers have responded by creating short-term promotions that draw shoppers into the store, but…
Retail Pricing: Understanding How Power Shifted to the Consumer
Remember the good old days when retailers controlled pricing? With limited competition, they were able to offer standardized assortments across all their sales outlets, purchased in a manner that delivered the lowest possible unit cost. Pricing was based on a set of established rules, defined…
Gazing into the Crystal Ball
JDA’s Crystal Ball event began last year across our two India-based Centers of Excellence to tackle the constant shift in technology head-on through our best asset – our people! We are in our second year of the Crystal Ball events that have become a funnel…
Welcome to 2019: 5 Retail Trends You Need to Know Now
It’s a new year and retail is moving faster—finally we’re seeing retailers looking in the right direction—up. A unified commerce environment, an on-demand marketplace, social media, growing competition and new technologies mean an evolution in the way we shop. Everything is changing – from pricing…