Discover how the retail inventory method simplifies store inventory valuation with easy calculations, cost-to-retail ratios, and examples for effective inventory management.

Back in March 2024, NPR’s Planet Money featured a fascinating episode called “Is Dynamic Pricing Coming to a Supermarket Near You?” It highlighted REMA 1000, a Norwegian grocery chain that’s doing ...

As commodity prices continue to fluctuate, the pressure on both retailers and consumer packaged goods (CPG) companies to maintain profitability has never been higher. For example, the soaring cost of ...

View post: Walmart's bestselling travel bag is on sale for only $18, and it’s ‘spacious and wonderful’ Dollar Tree has long been a favorite of bargain hunters, but that may not be the case much longer ...

With tariffs on one hand and waning consumer sentiment on the other, beauty product prices are headed in every which way.

Target is slashing prices on 2,000 items this holiday season to gain an edge over competitors during this critical shopping period. This marks its second round of price cuts, following a successful ...

The move is in stark contrast to Costco’s usually fair pricing practices. There’s a reason Costco has long maintained such a loyal customer base. Consumers know they can walk into pretty much any ...

Major retail chains and their suppliers have implemented an average price reduction of 8% on more than 2,000 essential ...