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52% Of Retailers Use More Than 10 Pricing Strategies

52% Of Retailers Use More Than 10 Pricing Strategies

April 28, 2015 | Pricing

More than half of retailers (52%) use more than 10 pricing strategies, according to Software Advice, a web-based reviewer of retail POS systems. Another 18% use either nine or 10 strategies, while 14% use seven or eight. To create the report, Software Advice gathered insights from 395 retail professionals within the U.S., India, Mexico, the UK and Germany. More than one third (36%) of the respondents have more than 50 locations and 22% have only one location.

Movers & Shakers

Target Appoints Dament To Revamp Its Food Business

Target Appoints Dament To Revamp Its Food Business

Target has appointed Anne Dament to the role of SVP of Merchandising. In this role, Dament will lead the strategic repositioning of Target’s food business by introducing new assortments and...

RichRelevance Adds Two Execs To Leadership Team

RichRelevance Adds Two Execs To Leadership Team

RichRelevance, a provider of omnichannel personalization solutions, has added two new executives to it leadership team. Mahesh Tyagarajan will serve as Chief Product Officer, and will oversee product strategy and...

Edgecase Appoints New CEO To Help Meet Strategic Objectives

Edgecase Appoints New CEO To Help Meet Strategic Objectives

Edgecase, a provider of adaptive navigation solutions, has appointed Susanne Bowen as CEO. In her position, Bowen will develop the company’s strategic vision and scale operations to meet business demands....

Mergers & Acquisitions

NetSuite Set To Acquire Bronto For $200 Million

NetSuite Set To Acquire Bronto For $200 Million

NetSuite is acquiring Bronto Software for approximately $200 million in cash and equity, the two companies announced today. The deal is expected to close in Q2 2015. This acquisition continues...

Versa Capital Finalizes Wet Seal Acquisition

Versa Capital Finalizes Wet Seal Acquisition

Versa Capital Management has finalized its acquisition of fast fashion retailer Wet Seal. The U.S. Bankruptcy Court for the District of Delaware approved the transaction on April 1, 2015. Wet Seal...

Teikametrics Acquires Lab Escape

Teikametrics Acquires Lab Escape

Teikametrics, a provider of pricing and inventory optimization solutions for Amazon third-party sellers, has acquired Lab Escape, which provides heat map visual data discovery software. By integrating the Lab...

Financial News

SiteZeus Captures $2.2 Million In Series A Funding

SiteZeus Captures $2.2 Million In Series A Funding

SiteZeus, a provider of site selection technology, has secured $2.2 million in Series A funding from Chris Sullivan, who is a partner at Bloomin’ Brands and Co-Founder of Outback Steakhouse....

Store Openings Highlight Q4 Financial Results

Store Openings Highlight Q4 Financial Results

Retail sales are predicted to increase 4.1% in 2015, indicating that the industry as a whole is set to have a big year financially, according to the National Retail Federation...

RetailNext Secures $125 Million To Fuel Growth

RetailNext Secures $125 Million To Fuel Growth

In-store analytics solutions provider RetailNext has secured an additional $125 million from Activant Capital Group and other investing partners to bring its total capital to $184 million in growth funding. RetailNext...