Retail TouchPoints

SEPTEMBER 17, 2021

Ecommerce accounts for roughly $1 of every $5 spent by consumers (up from $1 of every $6 spent in 2017). The apparel category saw particularly marked price hikes in both July (up 15.26% ) and August (up 15.52% ), two months in which apparel prices typically drop amidst summer markdowns and back-to-school promotions.

Consumer 262

Consumer Home Furnishings Apparel Markdowns 262

Retalon

JANUARY 17, 2022

Granted, many retailers have developed pricing strategies that account for multiple factors affecting product price, such as; Production and distribution costs Competitor pricing Revenue goals. On top of having visibility across the business, retailers also need to account for all internal and external factors that affect pricing and demand.

Retailing Pricing 41

Retailing Pricing Markdowns Promotions Accounting 41

Retalon

FEBRUARY 13, 2018

The problem stems from business intelligence, buyer intuition, or company targets lacking the ability to account for all factors that affect demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

FEBRUARY 13, 2018

The problem stems from business intelligence, buyer intuition, or company targets lacking the ability to account for all factors that affect demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retail Prophet

JULY 18, 2022

Most companies today, according to Thorbeck, are accounting only for the front-end advantage that low cost might afford them. The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. Risks, he says, that make businesses far less competitive.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59

Retalon

SEPTEMBER 13, 2015

This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. Moreover, having a fully integrated end-to-end predictive analytics solution means that promotions will always take the supply chain part of your business into account.

Markdowns 32

Markdowns Promotions Customer Experience Fulfillment 32

Retalon

SEPTEMBER 13, 2015

This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. Moreover, having a fully integrated end-to-end predictive analytics solution means that promotions will always take the supply chain part of your business into account.

Markdowns 32

Markdowns Promotions Customer Experience Fulfillment 32