Content about Competition

September 8, 2014

The retailers who “won” during the holiday season in 2013 were those that offered meaningful discounts on a sizable number of products on Black Friday instead of discounting a small number of door crashers.

Ottawa, Canada - The retailers who “won” during the holiday season in 2013 were those that offered meaningful discounts on a sizable number of products on Black Friday instead of discounting a small number of door crashers. According to analysis from 360pi and Retail Systems Research, poor financial performance followed those retailers who discounted during the week leading into Black Friday, and those who kept discounts in place following Cyber Monday generally fared better than those who raised prices.

June 11, 2014

PriceSpider, an online retail marketing service provider, is rolling out a re-pricing engine that enables manufacturers and resellers to automatically adjust pricing based on preset or on-the-fly criteria as it pertains to competitive market activity.

Irvine, Calif. — PriceSpider, an online retail marketing service provider, is rolling out a re-pricing engine that enables manufacturers and resellers to automatically adjust pricing based on preset or on-the-fly criteria as it pertains to competitive market activity. The PriceSpider re-pricing engine provides the actionable data needed to set rules, manage strategy and optimize pricing activity with visibility into the market.

February 11, 2014

Guitar Center has selected 360pi to increase their awareness of the competitive marketplace and to utilize the actionable insights gained from the 360pi intelligence to increase market competitiveness.

Westlake Village, Calif. - Guitar Center has selected 360pi to increase their awareness of the competitive marketplace and to utilize the actionable insights gained from the 360pi intelligence to increase market competitiveness. Guitar Center had been using another provider, but selected 360pi’s 360price and 360assortment products to deliver near real-time insights into their competitive set.

January 15, 2014

Setting the right price is vital, because price is a key marketing lever and it expresses brand value in a competitive context.

By Gerard Loosschilder and Juan Tello, Skim

October 3, 2013

Doubling your store count is the type of growth most retailers seek. So 38-unit, Louisiana-based grocery retailer Rouses didn’t complain back in 2007 when it upped its store count in Louisiana and Mississippi from 15 to 32 by purchasing the regional Sav-A-Center chain from A&P.  However, for a family-owned business that had previously grown organically, this sudden spurt in its number and distribution of stores created a few issues.

September 6, 2013

As a discount department store retailer, Kohl’s is targeting a middle-class consumer looking for decent quality merchandise at a fair price.

As a discount department store retailer, Kohl’s is targeting a middle-class consumer looking for decent quality merchandise at a fair price. Kohl’s array of in-store IT solutions reflects this “Middle America” marketing and merchandising approach by focusing on self-service technology that makes finding products and determining prices as quick and convenient as possible, rather than leading-edge solutions that might appeal to higher-income, connected shoppers.

Digital price display

June 22, 2012

A new report from Acosta Sales and Marketing reveals that consumers at all income levels consider price before making a purchase, showing that economic concerns affect everyone.

Jacksonville, Fla. — A new report from Acosta Sales and Marketing reveals that consumers at all income levels consider price before making a purchase, showing that economic concerns affect everyone.

January 20, 2012

Target Corp. is mulling a new pricing strategy amid increased competition from online and brick-and-mortar rivals, according to reports by the Associated Press and Dow Jones.

New York City -- Target Corp. is mulling a  new pricing strategy amid increased competition from online and brick-and-mortar rivals, according to reports by the Associated Press and Dow Jones.

The reports said that Target  has sent a letter to some of its key vendors as part of a potential new strategy to bolster its competiveness. The news comes just days before J.C. Penney is scheduled to announce a major overhaul in which pricing is likely to play a key role.

January 4, 2012

Retail life cycle price optimization solution-provider Revionics said it has partnered with K-VA-T Food Stores for a price optimization solution.

Roseville, Calif. -- Retail life cycle price optimization solution-provider Revionics said it has partnered with K-VA-T Food Stores for a price optimization solution.

K-VA-T will deploy Revionics  Price Optimization and Revionics Promotion Optimization, which includes Revionics' category planning tools, weekly price maintenance capabilities and optimized prices across all pricing zones, each week.  

October 6, 2011

Retail life cycle price optimization solution-provider Revionics said Wednesday that Gander Mountain Co. has selected the Revionics Price Optimization solution, which provides both base price management and price optimization.

Roseville, Calif. -- Retail life cycle price optimization solution-provider Revionics said Wednesday that Gander Mountain Co. has selected the Revionics Price Optimization solution, which provides both base price management and price optimization.

The companies have entered into a two-year agreement. Revionics will help deploy these solutions throughout Gander Mountain's retail stores ensuring optimal monitoring, management and results.

July 21, 2011

DemandTec said Thursday that Latin America’s largest drugstore retailer Farmacias Ahumada S.A. (FASA) has extended its agreement to use DemandTec’s advanced pricing analytics to drive profit and customer loyalty.

Mexico City, Mexico -- DemandTec said Thursday that Latin America’s largest drugstore retailer Farmacias Ahumada S.A. (FASA) has extended its agreement to use DemandTec’s advanced pricing analytics to drive profit and customer loyalty.

March 2, 2011

While Walmart and Target continue to closely contend on price, Target’s basket price came in less expensive in the latest semi-annual pricing study by Kantar Retail.

New York City -- While Walmart and Target continue to closely contend on price, Target’s basket price came in less expensive in the latest semi-annual pricing study by Kantar Retail.

“Walmart’s price positioning reveals that it has largely returned to a blanket EDLP approach, while Target’s TPC positioning is centered on price promotions to drive guests’ impressions and achieve actual basket price leadership,” said Leon Nicholas, senior VP of Retail Insights for Kantar Retail and contributor to the study. 

February 10, 2011

Mike Katz, 62, has an edge sharpened not by decades in retail, but by an accounting background that has given him unique insight into the economics of business. The chief of Perfumania Holdings Inc., which operates 350 value-priced fragrance stores in the United States and 20 in Puerto Rico, is a certified public accountant — and, self-admittedly, a relative novice to retail.


September 20, 2010

Revionics, a provider in retail lifecycle price management software, and Tractor Supply Co., the largest...

September 7, 2010

Revionics, a provider of retail life cycle price optimization software, announced Family Dollar’s successful implementation...

August 30, 2010

Max & Jill, a new off-price fashion and home department store concept, will open its...

August 25, 2010

From increased selling channels to consumer caution, to eroding customer loyalty, today’s retail environment is extremely challenging.

From increased selling channels to consumer caution, to eroding customer loyalty, today’s retail environment is extremely challenging. Discounting slow-turning products to allow for sales of high-margin items as a way to improve margin performance is common practice. But many retailers still struggle with how and when to mark down an item.

May 25, 2010

Festival Foods announced Wednesday that it has selected KSS Retail’s PriceStrat solution for price modeling,...

May 6, 2010

Haverty Furniture Cos. swung to a profit in the first quarter, helped by rising sales...

May 3, 2010

Bi-Lo Supermarkets said Tuesday it has selected Florham Park, N.J.-based KSS Retail as the grocer’s...

March 2, 2010

Marsh Supermarkets is rolling out a customer-centric, demand management pricing platform from Revionics....

September 4, 2008

Amid rising inflation and soaring food prices, the 99? Only Stores chain is re-evaluating its...

April 30, 2007

The Supreme Court appears divided over whether to overturn a 96-year-old ruling that bars manufacturers...