From the start, a perfect storm referred to meteorological events aggravated by rare combinations of circumstances. The first reference to it was published back in the year 1718, but in modern times it has been used more frequently to describe the events such as the financial crisis of 2007-2008.
27% expect to return a profit from ecommerce orders fulfilled via bricks-and-mortar networks within a year 5% don’t expect ever to be able to achieve profitability with these types of orders 50% have looked at cost saving exercises elsewhere as they don’t make money on online orders fulfilled via the store
Does it make sense to grow food cereals, fruits, and vegetables, raise cattle, or spend resources on food production and transportation, just to throw one-third away? Often, we don’t realize the negative impact of food waste on the environment and climate change. By joining forces we can all contribute to minimizing food waste at all levels. Here are some ideas on how retailers can contribute.
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.
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.
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.
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.
If you have ever tried to find exactly the right screw in a DIY store or tried to find an obscure herb in the grocery store (why do I need chervil anyway?) you know it can be a tough task, or at least it used to be. In 2014 Pricer introduced an innovative Instant Flash that revolutionized the market. No longer was the ESL system just receiving information, it had a real-time communication ...
What retailers really want from their technology providers is often overshadowed in the media and at events by the futurology or exciting but peripheral innovation. Time to focus on the basics, says Duncan Potter, CMO from Pricer.
Below is an interview with Magnus Larsson, acting President and CEO at Pricer, by Tech Company News, published on May 4, 2022 here.