Retail Focus 9/5/22 – Retail Pricing Strategies and Analytics; Ollie’s Hopes for a Better Second Half
Our interview guest is Matt Pavich, the senior director of retail innovation at Revionics, an Aptos company. He joins us to discuss retail pricing strategies, how retailers are using analytics (especially in the dollar segment) to continue to provide value to customers, and why traditional pricing models may no longer be as effective to drive bottom-line results. Speaking of bottom lines, in news, Ollie’s Bargain Outlet takes a hit on theirs but hopes to see margins increase in the second half of 2022. We also look ahead to yet another new store format for Michigan-based Meijer.