With retailers reporting huge online sales from Black Friday and Cyber Monday, now seems like a great time for an update on the online sales tax issue. In our recent article we mentioned that a group of online retailers that...more
Most retailers consider the true cost of an item’s production to be proprietary, confidential information. After all, if customers knew the product’s markup, they may not be willing to pay the full retail price. But, some...more
One of the biggest trends in retail today is dynamic pricing, where retailers can quickly change prices based on data-driven algorithms that incorporate demand, inventory, and competitors’ prices. This pricing technique...more
With the advent of online shopping, countless retailers have capitalized on daily deals and flash sales, some even devoting their entire business model to the concept. It seemed (at least to this online shopper) that this...more
For anyone who has ever waited in a long line at the grocery story, Amazon hopes it has a solution. In December, Amazon launched its new Amazon Go grocery store in Seattle. Amazon Go is not a typical supermarket: it has no...more
Amazon, Walmart, and other retail giants are piloting drone delivery programs, all vying to be the first real-life Gryzzl (hopefully with less unauthorized surveillance). Consumers are receptive to the idea ? especially if it...more