Key Takeaways
- SOLUM’s Newton platform enables real-time, expiry-led pricing displayed on shelf-edge labels, enhancing workflow and reducing errors.
- The partnership between SOLUM and Gander supports grocery retailers in optimizing markdowns, minimizing food waste, and protecting profit margins.
- The 2026 RTIH Innovation Awards will focus on green retail technology, celebrating innovations in omnichannel retailing.
Real-Time Pricing Solutions Transform Retail
Integrated with SOLUM’s Newton platform, a new system streamlines pricing decisions based on expiry dates, automatically synchronizing and displaying updates on shelf-edge labels in real time. This innovative workflow combines centralized pricing logic, expiry intelligence, and execution at the shelf edge, significantly reducing errors and enhancing consistency while also lightening operational burdens on store teams.
Stacey Williams, Gander’s Business Development Director, emphasizes that this collaboration allows grocery retailers to swiftly turn markdown decisions into accurate shelf-edge execution. By merging Gander’s real-time optimization capabilities with SOLUM’s electronic shelf label (ESL) infrastructure, retailers are expected to improve sell-through rates, preserve profit margins, and minimize food waste without complicating in-store operations.
Mark Duckworth, Country Manager for UK & Ireland at SOLUM, highlights the growing adoption of ESL solutions among large UK grocery retailers, noting that partnerships like the one with Gander are essential for delivering sustainable solutions tailored to evolving market demands.
In related news, green retail technology will be a primary focus at the upcoming 2026 RTIH Innovation Awards, now open for entries. These awards celebrate global innovations in retail technology within an increasingly dynamic omnichannel landscape. The winners will be announced during a ceremony at The HAC in Central London on November 4, 2026.
Reflecting on the past event, Scott Thompson, Founder and Editor of RTIH, recounted the growth of the awards since its inception five years ago, moving to larger venues and attracting record entries and attendance. This year’s submissions are particularly noted for their innovative approaches across traditional and digital retail sectors, according to judges.
Acknowledgements were extended to the event sponsors, judges, and attendees who contributed to the success of the 2025 awards ceremony, reinforcing the significance of innovation in the retail industry.
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