Pricing Management

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Pricing Management

A collection of news, articles and other featured content about Pricing Management.

Dive deeper into what benefits artificial intelligence and its core element, machine learning, can bring to the retail table; as well as what bottlenecks are likely to emerge, and how to deal with them. 

Lowe’s is making key moves to modernize itself. Uncover how the home improvement retailer is renovating its technology, from ripping up its price management system and rolling out predictive scheduling to replatforming its website, adding mobile tools and more.

The quality of retail data is the question of the utmost importance, since data becomes the basis for pricing decisions. Every misstep in this area costs big time. But what does “high-quality” data mean?

Reinventing retail is an obligation to the consumer, an essential commitment that is critical in a dynamic, fast-moving and fiercely competitive marketplace.

In its battle to improve the customer experience and mitigate cost pressures, Lowe’s Companies recently rolled out a new model to improve associate engagement, 88k mobile devices, and is overhauling its pricing and POS systems. Learn how the home improvement retailer is harnessing tech to stay ahead of the game.

Savvy retailers investing in transforming ordinary trips to the store into awe-inspiring, memorable experiences. With that in mind, here are practical ways in which retailers can use artificial intelligence to improve in-store experiences.

Retail’s future would not be possible without innovative leaders willing to work hard to steer the industry forward. See which industry stalwarts were chosen for RIS’ annual look at retail’s most influential.

Department stores are racing to master omnichannel in their efforts to win customer loyalty.

The acquisition provides Lowe’s with a next-gen, in-house solution to process product and pricing datasets and convert them to insights and actions. Learn the details of the deal and what it means for both companies.

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