With sales continuing to slide, Petco is launching a three-pronged strategy to engage pet parents. The pet care and pet supply retailer released earnings Wednesday (May 22) showing net revenue of $1.5 billion, a 1.7% decline since the same quarter in 2023. While Petco’s consumables business rose 0.1% and...
Zilliant said Wednesday (May 22) that it will integrate artificial intelligence (AI) across its pricing lifecycle management solutions. These integrations will help companies react more quickly to cost and pricing changes, ensure that pricing changes are delivered in the field, and get a single view...
Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard not to lose their lower-income customers in the process. Amazon, for its part, announced Wednesday (May 15) the introduction of...
Walmart reported better than expected Q1 earnings Thursday (May 16) but that’s not the most important story. The earnings announcement and subsequent analyst call showed a price-driven retailer making adjustments to its core business model in the interest of driving long-term revenue growth in the...
May 17, 2024
Amazon and Walmart may be setting their sights on high-income consumers, but as the two retail giants compete for shoppers’ spending, they are working hard not to lose their lower-income customers in the process. Amazon, for its part, announced Wednesday (May 15) the introduction of Amazon Access, a platform aimed at providing easier and more […]
January 10, 2024
Once seen as a symbol of luxury and style, True Religion soared to fame in the early 2000s with its unique horseshoe logo and fancy stitching on back pockets. Loved...
September 28, 2023
Consumers are increasingly prioritizing convenience when making shopping decisions, leading to the rise of the “one-stop shop” concept. Retailers aspire to offer a comprehensive array of products and services, consolidating...
July 17, 2023
Maybe it’s hard for parents to pick favorites, but for consumers it’s easy. Or at least that has always been the assumption. But today’s consumer is an increasingly empowered and...
May 22, 2024
With sales continuing to slide, Petco is launching a three-pronged strategy to engage pet parents. The pet care and pet supply retailer released earnings Wednesday (May 22) showing net revenue of $1.5 billion, a 1.7% decline since the same quarter in 2023. While Petco’s consumables business rose 0.1% and its services/other business climbed 4.2%, this growth was offset by […]
May 22, 2024
Zilliant said Wednesday (May 22) that it will integrate artificial intelligence (AI) across its pricing lifecycle management solutions. These integrations will help companies react more quickly to cost and pricing...
April 30, 2024
The more complex a pricing structure, the more likely consumers are to pay more for products like credit cards, bank accounts, mortgages and auto loans. So said the Consumer Financial...
April 23, 2024
Apple’s troubles in China continue, with iPhone sales reportedly plummeting 19% during the last quarter. That brought the company’s flagship product to its worst performance since the start of the COVID pandemic in...
