Pricing

In today’s fast-paced retail environment, gut feelings and guesswork are no longer enough to make effective business decisions. Success belongs to retailers that harness the power of data, turning insights into action to elevate customer experiences, streamline operations, and maximize profitability. Luxury U.K. brand Selfridges is a prime example of how collecting customer data can…

As tariff tensions fluctuate, their consequences are already rippling through global supply chains. For small and midsized e-commerce players, it’s not just a policy issue — it’s a strategic threat to pricing models, sourcing stability and customer trust. Retailers are grappling with rising landed costs and longer lead times, and many are being forced to…

Retail stores and grocers are cutting prices and offering a bigger assortment of low-cost products to attract shoppers who are pulling back on spending in the face of an uncertain economy. Aldi, widely known as a budget-friendly grocery chain, announced last week that it's cutting prices on more than 400 products, equating to nearly 25…

Consumers are waking up to a new economic reality: things cost more. From hot sake to tinted moisturizer to vehicles, the everyday evidence is piling up. For brand leaders, especially in retail, this isn’t just about inflation. It’s about trust — and how it's built or broken in the age of tariff trickle-down. The assumption…

Macy's cut its full-year profit guidance on Wednesday despite higher-than-expected quarterly earnings, saying in a news release it would hike prices to offset tariffs. CNBC reported that the department store chain reduced its earnings outlook because of higher tariffs, more promotions, and "some moderation" in discretionary spending. Macy's generated $4.6 billion in sales in the…

Retailers are feeling the pressure as trade tariffs shake up pricing strategies, inventory management, and supply chain stability. With shifting trade policies, rising costs and unpredictable economic conditions, it’s more important than ever to find better ways to adjust pricing without sacrificing revenue. Artificial intelligence-powered solutions are stepping in to help retailers face these challenges…

New U.S. tariffs have prompted brands and retailers to reassess their sourcing and supply chain strategies. While these measures haven’t triggered a broader economic downturn so far, they are contributing to increased volatility and shifts in how businesses across the retail sector source, assemble and sell. Consequently, brands and retailers now face rising supplier costs…

Chinese e-tailer Temu has started adding “import charges” of about 145 percent in response to President Donald Trump’s tariffs. The fees, which began appearing over the weekend after price hikes went into effect on Friday, cost more than the individual products consumers are buying and can more than double the price of a typical order. For…

Every for-profit business faces the challenge of setting competitive prices while also generating a profit. An increasingly common solution to this conundrum has been to advertise one price and later disclose additional charges — e.g., hotels’ resort fees, e-ticketing platforms’ “handling” fees or even surcharges assessed against customers paying with a credit card. The consumer…

Dynamic pricing is a hot topic in retail, but hints of such a strategy at big-name grocery retailers such as Kroger and Walmart have sent shoppers out the door. With over one-fifth of U.S. consumers shying away from retailers using dynamic pricing, the key is transparency. Walmart is paving the way for electronic shelf labels…