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Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status

Retail TouchPoints

in Q1 2019. While the retailer incurred additional expenses from associate bonuses and other COVID-19-related expenditures, Dollar General was able to reduce markdowns, on top of benefiting from increased purchase volume. in Q1 2019. of net sales, compared to 22.5% of net sales in Q1 2020, compared to 23.1%

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Press Release: enVista brings Retalon’s AI to their Unified Commerce Solutions.

Retalon

Retalon is an award-winning provider of retail AI and predictive analytics solutions for planning, merchandising, inventory optimization, pricing, promotions and markdowns. About Retalon: . All Retalon solutions are built on one unified retail AI platform resulting in higher accuracy, increased automation, and significantly higher GMROI.

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AI and Retail Promotions: How to Hit Your Promotional Goals

Retalon

Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns. In contrast, markdowns are permanent changes designed to clear inventories at the season’s end. Financing promotions can change a customer’s mental math.

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Retail Sales Promotion Goals, Examples, and How AI is Optimizing Them.

Retalon

Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns. In contrast, markdowns are permanent changes designed to clear inventories at the season’s end. Financing promotions can change a customer’s mental math. appeared first on Retalon.

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Retail AI & Predictive Analytics Blur the Line between Bricks and Clicks

Retalon

– Promotions, event and markdowns. Consistency in the Retail Customer Experience Retalon Predictive Analytics 16 August, 2019 "/> How to Get Results from your Big Data with Retail AI Retalon Predictive Analytics 02 August, 2019 "/>. Suitable retail AI and predictive analytics can help you with: – Demand Forecasting.

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Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retalon

– Promotions, event and markdowns. Suitable retail AI and predictive analytics can help you with: – Demand Forecasting. – Inventory management. – Merchandise, Assortment, and Store planning. – Price management & optimization. – and more. See Retalon’s full Predictive Analytics solutions portfolio.).

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Personalization vs. Consistency in the Retail Customer Experience

Retalon

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. A luxury brand, for example, may offer a higher level of service to individual customers, but avoid things like items or prices particular to a region, so as not to dilute the brand value.