Patent ID: 8639558

Claim:
An apparatus for providing optimized pricing for a plurality of markdown items for at least one store, comprising: a financial engine, including computer memory executed using a processor, for determining revenue for determining sales costs; an optimization engine, including computer memory executed using the processor, receiving input from the financial engine for using the determined sales costs and providing optimized pricing for markdown items and provides pricing and a promotion calendar for non-markdown items, wherein the optimized pricing for markdown items includes a primary objective and a secondary objective, and wherein providing optimized pricing includes selecting between competing optimal schedules by weighting the primary objective and the secondary objective wherein the primary objective has a greater weight than the secondary objective, and wherein the selecting optimizes for the weighted objectives, the optimization engine comprising: an engine, including computer memory executed using the processor, for providing non-markdown item pricing; an engine, including computer memory executed using the processor, for providing a promotion calendar; and an engine, including computer memory executed using the processor, for providing markdown item pricing.