The Right Price at the Right Time

Rapid- fire product price changes across the retail sector are challenging brick-and-mortar stores….

The explosion of online shopping opened the spigot to a constant stream of price changes flooding the retail market. And the ever-burgeoning growth of the $373 billion e-commerce industry has heightened pricing competition sector wide, stretching from department stores and specialty merchants to supermarkets and discount retailers. The upshot is that in today’s omnichannel shopping environment, retailers can make up to 50,000 price changes per week…

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