In order to increase on-shelf availability (OSA) in supermarkets, retailers need to be more collaborative with staff as well as partners. It is worth remembering that out-of-stocks are lost money in so many areas - lost sales, lower customer satisfaction and loyalty, reduced market share and higher labour costs resulting from trying to fix them using old or non-tech solutions.
Why may technology at the shelf edge not be keeping pace with what consumers expect and what can be done about it? It is well known that consumers have for some years been using their smartphones in store for a range of purposes. Even seven years ago, according to Retail Dive, 56% of consumers were using their smartphones while shopping in brick-and-mortar stores to research products or look up ...
Despite aggressive discounting and competitive ‘members only’ offers for loyalty programme customers, traditional supermarkets continue to lose market share to discounter rivals, Aldi and Lidl, according to the latest research by Pricer. A survey of over 1,000 UK shoppers showed that discounter switching remains rife, with 65% now having switched some or all of their food shop to Aldi or Lidl, a ...
Lost productivity in retail has become an issue in the face of rising labour costs, the difficulties in finding and retaining staff and a continued wave of legislation that sends costs even higher. Peter Ward, UK Country Manager at Pricer, explores how retailers can leverage technology to drive up productivity and operational efficiencies in the store. Productivity is a critical factor in the ...
Millennials say nearly half (47%) of all the food they buy is on offer, while 37% of Gen Z’s shopping baskets consist of promotional or marked down produce.
Despite price sensitivity starting to fade among shoppers as inflation continues to fall, own-label is set to win the long-term loyalty of shoppers – even beyond the cost-of-living crisis - as consumers who traded down stick to value lines.
Introduced 30 years ago as a replacement for paper price labels, electronic shelf labels (ESLs) have come a long way and are now one of the most flexible promotional tools available. Discover the latest use-cases in ESLs’ digital leap forwards.
We are delighted to announce that Pricer has been shortlisted for the Retail Technology Innovation Awards 2024 as one of the 10 finalists!
Pricer is proud to announce that the company has been shortlisted to win a 2024 Retail Systems Award in the category ”In-Store Technology of the Year”. The category identifies a new and innovative in-store technology that has the ability to significantly improve a retailer’s operations. The Retail Systems Awards are one of the UK retail tech sector’s main awards programmes. 19th Annual Retail ...
Join us in booth 6E18 at the Retail Technology Show, Olympia, London, on April 24–25.
The days of the paper label in retail are numbered as new uses are found that serve both retailers and their customers.
Discover the top 5 trends in convenience store retailing that are reshaping the industry. This comprehensive report by Gartner, authored by industry experts, provides critical insights into the evolving landscape of convenience stores and the strategic opportunities they present.