Understanding the varying demand patterns caused by price, promotional and advertising effects is where the Retail Express forecasting platform excels and is crucial to accurately forecasting future demand. Learn how our solution tracks changes in demand from regular prices, promotions, ads, displays etc. and can accurately forecast the effects of those changes.
Trade promotions driving down prices to compete for cash-strapped shoppers could cause retailer-supplier acrimony down the line without process automation, warns Retail Express. “Fierce” competition for cash-strapped shoppers among retailers was cited by the British Retail Consortium (BRC) in February 2024 as one of the main reasons for the BRC-Nielsen Shop Price Index showing its lowest reading since March 2022[1]. However, Retail Express SVP warns of retailer-supplier …
12th December 2016 | 2 min read Retail Express is pleased to announce the extension of its PREDICTIVE PRICE MANAGEMENT SOLUTION with a series of enhancements to provide auto pricing with ‘multi level’ rules to complement the existing rule and constraints processing; this allows the Rules to be conditional based on circumstances at the time with a user defined priority sequence with multiple constraints possible at each …