The 2020 Consumer: How the Pandemic Changed Everything
It’s no secret the retail industry has undergone dramatic changes this year. Because of the pandemic, a major disruption has been the increase in customers’ buying online and picking up in-store (BOPIS) and taking advantage of contactless curbside pickup. For example, Best Buy and Target…
Fashion Retailers Could Be Left Paying the Price If They Don’t Take Advantage of AI
Setting the right price has always been a complex question for fashion retailers. On the one hand, a high price will risk losing customers – according to McKinsey, customers will not return to a retailer if prices are more than 30% higher than competitors. Whereas a…
Next-Gen Pricing, Next-Level Profits [Video]
While past pricing solutions were focused on execution, today’s next-generation pricing solutions from JDA are more strategic in nature — considering both internal constraints and external factors, such as weather, that can affect demand. Discover how you can leverage these next-gen solutions to take your…