AI-powered pricing is now essential for retailers to stay competitive and respond quickly to market changes, according to Matthew Pavich, Senior Director of Strategy & Innovation at Revionics.

Pricing continues to be one of the most crucial decisions retailers face. Set prices too high, and customers drift away; too low, and profit margins suffer. Traditional pricing approaches typically ...

In today’s hyper-competitive retail landscape, pricing decisions can make or break profitability. Gone are the days when a simple "cost-plus" model could guarantee profitability. Consumers are more ...

Consumer choice modeling in retail pricing strategies revolves around understanding how price and non-price factors drive individual purchase decisions and substitution patterns. Grounded in random ...

The production costs for PlayStation 6 have surged, with component prices rising by $200 USD, bringing the total production ...

Personalization in retail has scaled a higher altitude in 2026. Consumers expect brands to not only recognize and remember ...

Economic headwinds, geopolitical tensions and budget-conscious consumers are creating a perfect storm of uncertainty for retailers. In this high-stakes environment, a retailer’s traditional playbook ...

AI has been helping a major sports retailer in the U.S. determine the right markdown price for its products across hundreds of stores. So much so that Academy Sports + Outdoors, one of the largest ...

The retail sector stands at a critical crossroads, shaped by fluctuating consumer behavior, inflationary pressures and high financing costs. And despite a slight uptick in vacancy rates, the market ...

Costco, with its vast warehouses and enticing deals, has become a retail giant, drawing millions of shoppers. However, beneath the surface of its expansive aisles lies a sophisticated strategy ...

Pricing expert Rafi Mohammed warns against hasty changes to keep customers. Rafi Mohammed, founder of the consulting firm Culture of Profit, says a crisis or recession is not the time to panic and ...