GALERIA is one of Germany’s largest department store chains, with 83 retail locations and approximately 16,000 employees. Its broad assortment spans fashion, accessories, and lifestyle, offering over 2 million SKUs. As a traditional retailer operating in a highly competitive environment, GALERIA needed to modernize its pricing approach to stay competitive with more agile online players.
To meet its long-term goals for profitability, operational efficiency, and customer experience, GALERIA partnered with KPS to implement 7Learnings’ AI-powered pricing solution.
revenue increase vs control
margin increase vs control
GALERIA faced a complex pricing challenge, with over 2 million SKUs and growing pressure from digital competitors. By adopting 7Learnings’ predictive pricing technology, implemented by KPS, the company shifted from manual processes to real-time, data-driven pricing.
The results speak for themselves: +230% revenue, +50% margin uplift, and a 2-month ROI. Today, GALERIA is equipped with the agility and intelligence to respond dynamically modern retail pricing.
Thanks to 7Learnings, we are finally on track for data-driven price automation and optimization!
7Learnings replaced broad discounts with surgical, elasticity-driven pricing across our digital marketplaces. Driving a +61% profit uplift while automating our data pipelines via ChannelEngine has been a huge benefit for our global commercial strategy.
The solution developed by 7Learnings made price steering radically easy for our team, while increasing our profits and revenues significantly.
Unlock the power of predictive pricing and drive your business to new heights. Contact us now to learn more and start your own success story.