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Category Archives: Part 6: Merchandise Management and Pricing
Outsmarting Retail Tricks
As discussed in this video from CBS TV: “Retailers work hard to manipulate us, tweaking price tags and offering ‘special’ promotions to get us to spend more than we normally would. Farnoosh Torabi goes over five common tricks to avoid … Continue reading
The Varied Interests of Build-A-Bear
Build-A-Bear’s Dave Finnegan discusses the retailer’s partnership with Oracle and the Retail Orphan Initiative (ROI). He also talks about the merchant’s cross-channel efforts and its use of social media.
Price Optimzation at Pamida
Mark Kelso of Pamida shares the retailer’s Kelso shares the retailer’s pricing optimization approach. It partnered with Revionics, which ‘offered us the ability to manage the unmanageable,” he says. “It’s almost impossible to analyze anything on a manual basis.” Pamida is a … Continue reading
