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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

At the same time, it’s also important to ensure the retailer doesn’t have excess inventory clogging up stores and distribution centers past the planned deletion date, tying up both capital and space in inventory that’s effectively “dead.”.

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Bespoke Hat Maker Marcel Rodrigues opens pop-up on Savile Row

Retail Focus

Moving out of London in search of other opportunities, Steyn noticed a gap in the market for a truly bespoke hat making process, and subsequently began making hats in his garage in 2019. Now the brand is opening its second location at the home of bespoke tailoring, Savile Row.

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Behind the evolution of 107-year-old Japanese eyewear brand Tanaka Optical

Inside Retail

We have been aiming to deepen our understanding of local customers in Singapore and learn about local business models after acquiring Flo in September 2019. Thus, we don’t need to rely on mass production of trend-led products and excessive dead stocks after the trend is over.

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The Nature of Sales Trends for Today from State Park Gift Stores

SGN Magazine

She recommended that you ensure the displays are clean and fully stocked as “people tend to not want to buy an item if it is the last one on display.” He attributed that to their location being on a main highway between Dallas/Ft. Even with that handicap, Camp said their sales are much higher than they were in 2019.

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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. Last minute markdowns that offload stock at a loss. There is constant manual intervention, this may be transferring inventory between stores or ordering new stock. What is bad inventory called day-to-day?

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5 Online Hacks to Boost Local Footfall to Your Store

Retail Next

So far in 2019, Macy’s, and even Walmart, have announced plans to close some of their stores, while Barney’s New York has filed for bankruptcy. Stocking exclusively in-store products. Major retailers are disappearing from our towns, and it’s a trend that looks set to continue. But you can go far with a little ingenuity.

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The Future of Retail in the New Era of Risk

Retail Prophet

The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. The myopic focus on low price has lead to an epidemic of markdowns and dead stock. Image Credit: Hip To Save). Rebuild for Transparency. million American homes. Becoming a Force for Good.