Americans put the brakes on spending and retail sales slow . . . Sales at retail stores and restaurants dropped 0 9% in May, the Commerce Department said Tuesday, after a decline of 0 1% in April Sales jumped 1 5% in March The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump’s 25% duty on imported cars and car parts Excluding
Sales Decline Analysis: Sales Decline Analysis: Adapting to . . . adjusting Pricing strategies: Price sensitivity can greatly affect sales dynamic pricing strategies, discounts, and bundling can attract price-conscious customers without eroding the brand's value proposition
6 Reasons Your Retail Sales Are Dropping and How to Increase . . . Don’t wait until your sales decline to analyze your business strategy The key is to try to step ahead of the competition utilizing competitive intelligence Increase retail sales by having an edge over assortment, value, price, and promotions
Navigating inflation in retail: Six actions for retailers Last year, as more and more Americans were vaccinated against COVID-19, retailers enjoyed a big boost in sales But the strong demand for goods soon overwhelmed supply chains, and supply-demand imbalances combined with commodity-driven cost pressures to drive prices higher
Is Volume Decline Causing You to Rethink Your Pricing . . . Uncover why volume declines are occurring in your business and the best way to respond to support your strategic pricing goals Organizations across a multitude of industries are facing volume declines, causing them to rethink their pricing strategy
Dynamic Pricing Strategies in Retail: Exploring Challenges . . . With global growth projected to slow to 2 6% in 2024, retailers must optimize pricing to navigate subdued sales environments The paper highlights key challenges in estimating price elasticity, including computational complexities and data limitations across diverse product hierarchies