Retail Adventures

OCTOBER 22, 2020

This includes scent marketing, the music you play on the sales floor, demos, even what your associates wear. Increase your advertising and marketing efforts. How you advertise and market your store should also increase during the Holiday selling season. Be prepared for markdowns and returns.

Markdowns 98

Markdowns Advertising Planning Cross Merchandising 98

Retail Next

MARCH 3, 2020

Furthermore, the ever-growing frequency of markdowns also causes overstocking, further exacerbating the problem. In 2018, the sustainability consulting agency Futerra did research which showed that nearly 90 percent of USA and UK consumers would like for brands to help them be more environmentally conscious and friendly. Offsetting.

Markdowns 64

Markdowns Inventory Management Consumer Shipping 64

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. In-Stock Percent. Every retailer aims to minimize the amount of out-of-stocks in their stores, so a particularly useful KPI is in-stock percent. Promotion Lift.

Markdowns 32

Markdowns Promotions Customer Experience Fulfillment 32

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

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. “We are thrilled to be working with a very creative and innovative team at Shane Co.

Jewelry 32

Jewelry Inventory Management Markdowns Management 32

Retalon

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. “We are thrilled to be working with a very creative and innovative team at Shane Co.

Jewelry 32

Jewelry Inventory Management Markdowns Management 32

Retalon

FEBRUARY 13, 2018

Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. The system does this proactively, to maximize the changes of selling items at full price, before retailers experience lost sales or have to take markdowns. connecting marketing with merchandising). Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

NOVEMBER 19, 2018

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? Adrian is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. What products might also see an uplift?

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? Contributed by Adrian Silipo is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. Don’t have one?

Markdowns 32

Markdowns Fashion Inventory Management Accounting 32

Retalon

FEBRUARY 13, 2018

Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. The system does this proactively, to maximize the changes of selling items at full price, before retailers experience lost sales or have to take markdowns. connecting marketing with merchandising). Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

JULY 4, 2018

If you’re a retailer reading this in 2018, you need to pat yourself on the back! These tools are not able to account for new products, categories, and markets, or used & exchanged items, let alone suggest accurate and tangible actions going forward. 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. What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? Super bowl in your city)?

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. What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? Super bowl in your city)?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. Like Sears and Neiman Marcus, Forever 21 simply did not react to changes in the market fast enough.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98