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Q&A with Ed Betts, Retail Lead Europe at Retail Express, who considers ahead of the show the role of intelligent merchandising technology and its critical place in the future of retail  What is the Retail Technology Show and why is it important to Retail Express? The critical role that technology plays in retail is unquestionable. From customer relationship management and point-of-sale systems to self-checkout solutions and contactless …

Ed Betts, General Manager – Retail Lead Europe at Retail Express, considers the importance of promotions in creating a buzz beyond price to help prevent custom loss to discount stores. In January 2023 grocery price inflation hit a record high of 16.7% according to the latest industry figures – it is now predicted that households will face an extra £788 on their annual shopping bill[1]. Worried customers …

By Ed Betts, General Manager – Retail Lead Europe at Retail Express  Grocery price inflation has hit a record high, resulting in the prediction that households will face an extra £788 on their annual shopping bill[1]. Worried customers have already made adjustments to shopping patterns and cut back spending. For retail businesses, the financial squeeze caused by product and supply chain pressures means that cutting prices is …

Barry Grange CEO, Retail Express 2022 was a difficult year. Though sales percentages were up almost across the board in the grocery sector, retailers spent the year battling rampant inflation, frequent supplier price increases, rising energy costs, and numerous other economic challenges. Customers felt the pinch deeply, meaning retailers were forced to fight, wherever possible, to prevent passing on additional costs. Sadly, the picture going forward looks …

Retail Express removes the major pain points from end-to-end merchandising by providing a single collaborative solution for all stakeholders; sharing processes, common data, workflow, analytics, automation, planning and execution tools to deliver better outcomes; improving go-to-market plans and their implementation; using predictive analytics driven by our world-class AI Machine Learning technology.

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.

Find out how you could transform the interaction between your Traders/ Buyers and Suppliers to drive increased supplier funding and better offers whilst dramatically improving the collection of funds, reducing the cost and timescale of collection.

Retail Express price optimisation delivers profits today and is fully integrated with our everyday price and promotion management modules, resolving conflicts and constraints within a single strategic pricing solution.

Ed Betts, General Manager Retail Lead Europe at Retail Express, considers the potential for data-driven planning to help turn a bottom-line disaster into a profitable positive.  Worldwide activity surrounding Black Friday has never been stronger. In the US, over 53% of consumers plan to make a purchase on Black Friday[1]; in the UK consumers are expected to spend £8.71 billion[2] over the course of the 2022 Black …

Retail Express’ UKI General Manager, Ed Betts, explains how AI-driven retail management can help retailers navigate the busiest shopping period in a year of unprecedented challenges.   16 September marks the 100-day countdown to Christmas, also known as the Golden Quarter; the busiest period in the retail calendar. The Golden Quarter can be a difficult time for retail businesses, but this year, of all years, will be …

Retail Express’ CEO, Barry Grange, considers the benefits of algorithmic retailing technology to help retailers cement better supplier relationships in today’s competitive marketplace.  Retail success comes from an ability to delight customers, operate with excellence and effectively leverage financial incentives to drive and maintain footfall. Yet the deepening cost-of-living crisis with soaring inflation rates, rocketing energy bills, and as a result, a more cautious customer, has put …

3 minute read Recent macro-economic events have taken their toll on the retail sector, with disruption to supply chains as a result of Brexit and the double blow of the pandemic and Ukraine crisis bringing the threat of global stagflation a step closer. As retailers restructure under the weight of enormous downward pressure, they will be thinking very hard about profitability. The priority of protecting margins and …

Retail Express’ UKI General Manager, Ed Betts, considers the challenges faced by retailers as the financial situation worsens, and how merchandising software can maintain profit margins.  The deepening cost-of-living crisis, with inflation running at its worse rate in decades, is impacting us all. But, for more than a few, the soaring energy costs that are set to reach stratospheric heights by autumn will mean a choice between …

Retail Express has moved to a new larger HQ in the thriving tech hub of Leeds, UK, to help the business deliver its next chapter of growth. The new office announcement comes at the same time as it launches a major upgrade to its intelligent merchandising software, RE 2.0, following a two-year investment cycle in product development to introduce significant AI enhancements to its product portfolio. With …

Retail Express has announced a major upgrade to its intelligent merchandising software, RE2.0, introducing significant AI enhancements. This upgrade will ensure its products reap the benefits of artificial intelligence, enabling the delivery of smarter merchandising and collaboration tools to support the modern retail industry and better meet global customer demand. The digitalisation of the retail industry is driving leaders to look for innovative technologies to help them …