Omnia Retail’s report finds worrying discrepancies in retailer price strategies

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Omnia Retail’s report finds worrying discrepancies in retailer price strategies

A new report has revealed concerning discrepancies with regards to pricing strategies in UK retail. Figures showed that, despite more than a third of retailers (34%) saying they know they should change their prices regularly, only 15% do so frequently. The report, published by pricing and automation specialist, Omnia Retail, looked at pricing practices at 150 UK retail […]

96,000 UK retailers failing to recognise value of effective pricing

By on    Latest, Marketing, Media  

96,000 UK retailers failing to recognise value of effective pricing

Around 96,000 UK retailers are putting their business at risk by failing to grasp the importance of an effective pricing strategy. The figure was published in a report by pricing and automation specialist, Omnia Retail, which questioned retail businesses on the scope and efficacy of their pricing processes. Although almost all (96%) of the organisations surveyed said they […]