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ARTICLE

US Retailer FCP Euro Starts Its Pricing Journey with Competera

FCP Euro is a leading online provider of Genuine, OE, and OEM parts for European cars. Established as a brick-and-mortar store in 1986, and brought online in 2001, FCP Euro is one …

ARTICLE

Horizontal Price Approval: Pricing Revolution

Price approval is one of the significant elements of the daily retail routine. Managers have to discuss and agree on prices before introducing, changing or tailoring them to the cu…

ARTICLE

Competera Wins Crozdesk Trusted Vendor Award

We are proud to announce that Competera got awarded with a Trusted Vendor badge from Crozdesk, a web service that rates B2B SaaS-based products. This annual nomination bestows ackn…

ARTICLE

Pricing Heroes: Wes Woolbright's Insights

Wes Woolbright is Director Pricing at Sam’s Club. He has spent over thirty-five years in the industry. Wes gained diverse experience working in stores and back offices spanning the…

ARTICLE

How Retail Benefits from ML-Driven Product Bucketing

We live in an unprecedented time when retailers deal with a great wealth of information about customers and competitors. So it's not surprising that managers adopt machine learning…

ARTICLE

Best of NRF 2022: Top Trends and Their Significance for Retail Future

At the beginning of the year, the industry stakeholders got together at one of the most prominent annual events in Retail - NRF Big Show 2022. Despite the growing concerns over ano…

ARTICLE

ML Product Matching in Retail: How Groundbreaking Technology Transforms the Industry

Machine learning and artificial intelligence have revolutionized multiple spheres and processes. As Paul Daugherty, Chief Technology and Innovation Officer at Accenture, says, “The…

ARTICLE

Competera: Top 3 Price Optimization

Competera has been recognized by Retail Today magazine as a leader in the Price Optimization & Management category in Retail CIO Radar 2022, a first-of-its-kind annual list of …

ARTICLE

ML-based Scenario Models to Enhance Strategic Planning in Retail

It’s all about strategic planning Strategic planning is a process of defining the goals and areas of an organization's growth and development as well as specifying the resources an…

ARTICLE

Robert Dyas Begins Pricing Journey

Robert Dyas, a UK-based Garden, DIY, Electricals & Homewares retailer, will enhance its competitive data monitoring with Competera's Competitive Data solution and consulting pa…

ARTICLE

Centr Corp: 6.2% Revenue, 5.7% Profit Uplifts

Corporation ‘Centr’ is a retail network with 143 stores that sell household appliances, electronics, computers, and digital equipment. The company was looking for solutions that wo…

ARTICLE

Black Friday 2021 & Retail's Future

Let's look at the most important results and insights from this year's campaign. When speaking of the Black Friday 2021 campaign, we should not forget that the global CV19 pandemic…

ARTICLE

Tech Revolution in Ukrainian Retail

December 14, 2021, under the roof of a cozy steak house at the very heart of Kyiv, Competera gathered key figures of Ukrainian retail. The guest list included top managers and reta…

ARTICLE

What Price Skimming is || A-Z Guide by Competera

What is price skimming? Price skimming is a pricing strategy based on setting the highest price for a product as it is introduced to the market and lowering the price as customers …

ARTICLE

Competera Advisory Board Increases Its Membership

Jeff Rudat, an experienced retail leader with a profound record of helping retail companies achieve revenue goals through merchandise planning and analytics, joins Competera. The p…

ARTICLE

The Rising Role of AI Solutions for Retail

The application of artificial intelligence in retail is reshaping various facets of the industry, including demand forecasting, optimal pricing, customer experience enhancement, an…

ARTICLE

Florian Strecker: Pricing Solution Features

To clarify what price optimization software today’s retailers require, we talked with Florian Strecker, an accomplished account executive with 20+ years of experience helping retai…

ARTICLE

Back-to-School 2021 Economics

Even if you represent a retail industry that traditionally doesn't participate in back-to-school sales, probably the news about preparations for this season hasn't passed you by. T…

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