Progressive Grocer: Engage3 Talks about getting pricing right in 2021

Progressive Grocer: Engage3 on Getting Pricing Right in 2021

By Industry Insights, Market Insights, News, Pricing Strategy

Thad Reuter of Progressive Grocer, in a recent article titled Getting Pricing Right in 2021, writes that price optimization will be undergoing significant changes in 2021 – and that retailers who don’t get on board will face problems sooner than later.

“Price optimization will need to shift to be able to deal with smaller trip sizes, households with less money to spend on each trip, shifts to private label, and smaller pack sizes,” Edris Bemanian, Engage3 CEO, predicts. “Historical price optimization models of increasing price to drive profit won’t work. Retailers will need to focus on the items that drive their Price Image to keep traffic up.”

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Allegiance Launches Engage3 Competitive Pricing Solution

Winsight Grocery News: Allegiance Retail Launches Competitive Pricing Solution

By Competitive Data, News, Online Pricing Data, Price Image, Private Label

Winsight Grocery covers the news about how Allegiance Retail Services Inc., the marketing and merchandising cooperative for New York-area supermarkets such as Foodtown, D’Agostino, Gristedes, Big Deal, La Bella, Brooklyn Harvest and Pathmark, has partnered with Engage3 to optimize its competitive price positioning.

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