Retail Next

MARCH 3, 2020

In his article, “ Sustainability and the consumer in 2019 ,” Duncan Baizley painted a very clear (and research-based) picture of how consumers see corporate sustainability, noting that brands will need to move beyond messaging and rather token-like gestures and embrace real, systemic change. Supply chains. Offsetting.

Markdowns 64

Markdowns Inventory Management Consumer Shipping 64

Retalon

OCTOBER 24, 2023

In 2018 retail giant H&M disclosed that they had $4.3 Raw materials are destroyed, and a huge amount of energy is consumed when producing and moving products across the world. So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Retalon

FEBRUARY 14, 2022

In 2018 retail giant H&M disclosed that they had $4.3 Raw materials are destroyed, and a huge amount of energy is consumed when producing and moving products across the world. So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Indigo 9 Digital

SEPTEMBER 1, 2022

Marks & Spencer is in the midst of a multi-year transformation that former CEO Steve Rowe began in 2018 and it’s working. That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Marks & Spencer’s revenues last year were up 21.5%

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Drop-Shipping Markdowns Planning Grocer 95

Retail Adventures

OCTOBER 22, 2020

Even though Amazon kicked off Holiday 2020 in mid-October and Walmart and Target followed suit, Black Friday is still important to consumers. For the majority of consumers Facebook is still the social media of choice so it’s a good place to advertise. Be prepared for markdowns and returns.

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Markdowns Advertising Planning Cross Merchandising 98

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. Bottom line and customer experience suffer when consumers are forced to wait for shelves to be restocked or hunt for sold-out stock at a different location.

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Markdowns Promotions Customer Experience Fulfillment 32

Retalon

JUNE 11, 2021

In a 2018 report , Gartner, Inc. The retail and consumer packaged goods (CPG) supply chain sector has been abruptly disrupted by the global pandemic. Consumers expect to seamlessly interact with brands and retailers across multiple channels, such as brick-and-mortar, social media and e-commerce. . This is a misconception.

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Fulfillment Drop-Shipping Markdowns Returns 41

Retalon

JULY 15, 2019

Not only do overstock situations force retailers to markdown inventory at the end of a season at slim-to-no profit margins, but it also takes up physical space in stores warehouses, accruing carrying costs, and ties up extra cash that could be used towards advancing business goals. How much safety stock is ideal?

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retalon

NOVEMBER 19, 2018

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? What products being dropped already have substitutes being stocked? What products might also see an uplift? Are the right products in stock at the right locations/channels to support the shift in demand?

Markdowns 32

Markdowns Fashion Inventory Management Accounting 32

Retalon

NOVEMBER 19, 2018

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? What products being dropped already have substitutes being stocked? What products might also see an uplift? Are the right products in stock at the right locations/channels to support the shift in demand?

Markdowns 32

Markdowns Fashion Inventory Management Accounting 32

Retalon

NOVEMBER 29, 2014

Many of them have to do with how consumers use technology to make a purchase. Meanwhile, mobile technology has surged allowing consumers to go shopping on their personal device from their pocket at anytime. In the past 5 years there have been several trends that have changed the way retailers operate their businesses. 1] [link]. [2]

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Fulfillment Markdowns Shipping Inventory Management 32

Retalon

JULY 4, 2018

If you’re a retailer reading this in 2018, you need to pat yourself on the back! Consumer behavior & expectations have changed. So what are retailers missing that is keeping them from turning all this data into tangible actions that reflect consumer expectations? Here’s the list of stores closing this year.).

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. How to you distribute/allocate inventory to stores while considering dozens of factors such as geo-demographic diversity, store capacity, consumer demand, local promotions, and special/rare events (eg.

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. How to you distribute/allocate inventory to stores while considering dozens of factors such as geo-demographic diversity, store capacity, consumer demand, local promotions, and special/rare events (eg.

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Indigo 9 Digital

FEBRUARY 28, 2023

It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. While many argue Forever 21’s demise is due to a more socially conscious consumer fast fashion retailers are as popular as ever. By 2018 Forever 21’s online sales were only 16% of total sales. and ultimately profitability.

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Fast Fashion Fashion Apparel Department Stores 98