/ Technology

St John Knits makes b2b purchasing faster and cheaper with web-based tool

Replacing a procurement process that had relied on faxed orders routed among buyers and department managers, a new web-based tool is reducing the time and expense of purchasing operating supplies at fashion retailer St. John Knits, the retailer says.

Posted 02/21/2005Kurt PetersPost a comment

/ Technology

Duane Reade improves margins with web-based demand management

The New York-based chain of 237 drug stores is implementing a web-based demand management system after a pilot program proved it helps to move more products at higher prices.

Posted 09/09/2003Kurt PetersPost a comment

Overstock.com cuts book pricing to a flat 25% below Amazon’s prices

20% off Amazon prices has helped build book sales at Overstock since February. Now, Overstock tests response to a further price cut.

Posted 09/02/2003Kurt PetersPost a comment

Pricing professionals getting higher salaries, survey says

Retailers are paying for knowledge of emerging price optimization technology. Retail pricing professionals get an average $79,000, topping the all-industry average of $73,000.

Posted 09/17/2002Kurt PetersPost a comment

/ Technology

New online pricing solution to debut this month

Technology will test consumer reaction to prices in real time.

Posted 04/18/2001Kurt PetersPost a comment

The price is right?

Retailers juggle strategies, margins and customer expectations as the Internet changes the rules of product pricing.

Posted 02/28/2007Internet RetailerPost a comment

The Price is Right

The web is transforming the setting of prices from an art to a science—with notable boosts in sales and profits.

Posted 03/05/2004Internet RetailerPost a comment

The right price bulls-eye

Web-based price optimization is boosting retailers’ margins by preventing them from chopping prices too soon.

Posted 04/30/2003Internet RetailerPost a comment