Stock is the number one challenge facing retailers in their bricks-and-mortar stores estates, with both stock availability and replenishment capabilities hampering retailers’ efforts to drive efficiency and deliver customer experience in the store, the latest research from Pricer shows.
Advising retailers to go for margin growth in the current crisis would be foolish given how many barriers are involved – inflation, wage rises, supply chain disruptions, falling consumer confidence. The focus therefore can only really be on margin protection, but without losing market share, brand equity and most importantly, customer loyalty.
Watch Acting CEO Magnus Larsson present Pricer and market trends at the investor event, Börsveckans Småbolagsdag, held on September 6, 2022, in Stockholm.
Many retailers are struggling to recruit enough store associates to keep store operations and new services running. At the same time, many are battling price hikes in products across the range as well as simultaneously trying to fix a broken supply chain. No wonder there is so much love for electronic shelf labels (ESLs) and if you missed the love fest, don’t worry, here we outline some reasons ...
The squeeze on stores, which is putting pressure on bricks and mortar estates to perform more digital roles and support e-commerce operations, is accelerating UK retailers’ investment in digitalising their physical locations, with autonomous, replenishment and contact free capabilities becoming prioritised on tech roadmaps, according to research from Pricer.
RTIH asks major players in the retail technology space for their thoughts on the sector, and throws in a random question to keep them on their toes. This time around, our five questions go to Duncan Potter, Chief Marketing Officer at Pricer.
The digitization of retail is progressing rapidly. This trend is being amplified by an increase in inflation and the lack of staffing, both of which are contributing to the need for retailers to invest in ESL-based solutions.
Innovation is not always about introducing brand new tech in the store, but by working smarter with what might already be in place and discovering how 1 plus 1 may often equal 3, says Duncan Potter, CMO of Pricer.
Platform technology gives retailers greater control over their KPIs, so critical to operational efficiency in the current climate, says Duncan Potter, CMO at Pricer AB.
In France, Carrefour, Système U, L’Entrepôt du Bricolage, and Leroy Merlin have all moved in this direction. Retailers, from grocery giants to specialist independent brands, are faced with the need for comprehensive digital transformation, which is prompting them to rethink their point of sale to see them through this inflationary environment. Increasingly complex and smart electronic shelf ...
Today, retailers face many challenges, some of which have been unique during the COVID pandemic. Retailers constantly strive to improve their profitability through efficiency gains, for instance, by reducing time for replenishment, reducing the time and increasing the rate of picking for BOPIS (Buy Online Pick Up in Store) services, increasing availability on the shelf, being able to change the ...
On June 8, 2022, Pricer held a Capital Markets Day in Stockholm. It included an update on Pricer’s strategy and position as well as deep dives into Pricer’s sales strategy and product development.