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).
The best retail POS systems are easy to use, reliable, and simplify managing inventory, customer, and employee data. Retail businesses need a POS system that goes beyond ringing up sales and accepting ...
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 ...
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?