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…
Dealing with Risk, Uncertainty and Tariffs: What the Recent Tariff Delay Means for Retailers
What’s the scariest part of a horror movie? Knowing there’s a killer in the house but not knowing when or where they’ll strike. That’s sort of what retailers are going through right now with the whipsaw nature of the trade war with China. You know…
How JDA Software is Helping Fresh Retailers with AI [Video]
Supply chain planning and execution is critical to grocery store success. JDA’s GVP Solutions Strategy, Fab Brasca, provides insight on identifying problems and having practical and repeatable solutions that can help profit and customer satisfaction. In the video below, hear from Fab as he offers…
4 Consumer Trends You Need to Know Now
Consumer trends come and go, yet the value of how they impact retail remains the same. JDA recently conducted a survey of more than 1,000 consumers to explore how some of retail’s latest trends are influencing consumers. The core findings of this survey revealed that:…
How Fresh Retailers Are Already Using AI to Reduce Waste & Boost Profit [Video]
While the human touch will continue to impact retail at large, human touch alone can’t strengthen store success. With the emergence of AI and MI, grocers benefit from the significant impact of these technologies. Grocers are able to deliver when managing fresh assortments and associate…
4 Challenges for Fresh Retailers and How AI Can Help [Video]
Customers are reshaping retail whether grocery merchants like it or not. They want more for less and on their terms – plain and simple. So how to grocers keep up? Using larger streams of data than historically available. JDA’s GVP Solutions Strategy, Fab Brasca, explains…
Executives see AI, Cognitive Analytics and Cloud as the Path to Innovation and Speed to Market
According to research, executives are investing in new cloud-based AI and cognitive analytics capabilities that will provide them with end-to-end visibility and traceability across their extended supply networks, starting them on the road to autonomous supply chains. CXO executives increasingly understand that satisfying fast-changing customer…
3 Ways Fresh Retailers are Helping the Planet
It’s official. Millennials are the largest consumer block and they’re moving the retail environment forward in a more sustainable way. Shoppers are focused on their core values and want to buy from the brands that are in perfect alignment with them. According to the National…
7 Ways to Limit Returns (Even with eCommerce)
Retail has a serious problem with eCommerce returns. At least 30% of all online purchases are returned, compare that to 8.89% of in-store purchases. Surprising? Not if you’re in retail. More retailers are running into a surge in returns in our unified commerce environment than…