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Last month, the department store reported its highest interim profit since 2014. You’ll probably have to adjust margins to implement this model effectively, and it’s likely that the ‘better’ offer will end up being the largest seller, so plan your orders accordingly. And you’ll need a pre-planned mechanism to achieve that.
In fact, according to a recent Accenture study , 92% of the 50 North American retailers surveyed said they are either piloting RFID or have reached full adoption, up from 34% in 2014. Many will also need to speed up digital transformation plans in order to adapt to?consumer RFID captures all inventory in-store and online.
Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. If you can’t move all of the inventory then markdowns are required which eats into sales per sq. In 2014 Forever 21 opened F21 Red which sells even cheaper basics targeted at the whole family.
New York, NY (PRWEB) October 20, 2014. ” Retalon’s Assortment Diversification solution is part of the integrated platform designed to effectively manage inventory, build executable merchandise and assortment plans and optimize price and markdown strategies for retail businesses. “Shane Co.’s The post Shane Co.
New York, NY (PRWEB) October 20, 2014. ” Retalon’s Assortment Diversification solution is part of the integrated platform designed to effectively manage inventory, build executable merchandise and assortment plans and optimize price and markdown strategies for retail businesses. “Shane Co.’s The post Shane Co.
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