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Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often

CFO News Room

As a retailer, what I really care about is loyalty,” said Brian Elliott, a partner at the management consulting firm McKinsey & Co. “If said his supermarkets have been changing grocery prices more frequently to protect profit margins as manufacturers raise prices. Mark Griffin, president of B&R Stores Inc., Retailers such as.

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Apple iPhone X Gets Production Cuts As Demand Slows

PYMNTS

30) that production cuts mean that the firm will make 20 million iPhone X devices in the period, half of what had been planned. The iPhone X sports features such as facial recognition technology and has a $1,000 price tag, higher than competing devices. The Wall Street Journal reported news on Tuesday (Jan. It’s a real headache.”

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Deep Dive: Buy Now, Exercise Now, Pay Later

PYMNTS

All options cost money, however, and high price tags on gear, classes or personalized training plans can deter individuals from achieving their health goals. Meanwhile, BNPL solutions firm Afterpay has partnered with athleisure companies like Flex-N-Flex, Gymshark and Versus to enable them to offer payment plans for workout clothing.

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Canoo Aims To Reinvent Electric Vehicles And Subscriptions

PYMNTS

Canoo plans to use the fresh capital to perfect its “skateboard” chassis, a breakthrough in EV manufacturing that allows almost any “top hat” (passenger cabin) to sit atop it. The company will also provide maintenance and repair, as another way of reducing electric vehicles’ high price tags. Auto Subscriptions Go DTC .

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Cracking Down On The Counterfeit Culture

PYMNTS

A unique code will be placed on each of the brand’s products during the manufacturing process. Amazon reports that Project Zero tools have been in testing with several brands, including Vera Bradley, pet anxiety products manufacturer ThunderWorks, mobile accessories maker Kenu and lint remover manufacturer Chom Chom Roller.

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thredUp’s Remade And Resetting Its Consignment Brand

PYMNTS

On the shoe front, both Nikes and Louboutin heels were returned at a much higher than average rate with tags still on, in the box and never worn. In any event, the owner of a Remade item will be able to track the entire selling history of the item through a QR code printed on the tag. “It

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TRENDING: Robots And Humans Join Forces To Speed eCommerce, Together

PYMNTS

Israeli firm Armis recently raised $30 million in new funding. Contguard’s technology is designed to help manufacturers and suppliers participating in global trade to better track their goods during transit. Microsoft isn’t the only company upping its game.