Indigo 9 Digital

FEBRUARY 28, 2023

Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. If you can’t move all of the inventory then markdowns are required which eats into sales per sq. Between 2018 and 2019 Forever 21’s stores in Canada, Europe and Asia lost approximately $10 million per month.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Indigo 9 Digital

SEPTEMBER 1, 2022

That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Ocado is an online grocer and Marks & Spencer paid £750 million for a 50% stake in Ocado’s UK retail business in 2019. Marks & Spencer plans to lean more into its food offerings in the future.

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

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.

Markdowns 64

Markdowns Inventory Management Consumer Shipping 64

Retalon

JULY 25, 2018

Unified Merchandise Planning. Unified Price, Promotion and Markdown Optimization. Entering the Plateau. Algorithmic Merchandise Optimization. Appendixes. Hype Cycle Phases, Benefit Ratings and Maturity Levels. Gartner Recommended Reading. The post Gartner Hype Cycle for Retail Technologies 2018 appeared first on Retalon.

Markdowns 32

Markdowns Inventory Management Promotions Planning 32

Retalon

JUNE 18, 2019

Promotion planning is a constant balancing act. Multiply that effort by the hundreds, or thousands, of promotions you run every year and the workload quickly balloons beyond the capacity of any planning team. Promotion Goals & Retail KPIs: Your company’s overall business goals will require a balanced approach to promotion planning.

Promotions 32

Promotions Markdowns Inventory Management Payment Services 32

Retalon

OCTOBER 24, 2023

The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost. These variables, along with pricing and vendor lead times make planning demand very difficult. This means they can’t markdown their products without devaluing the brand.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Retalon

FEBRUARY 14, 2022

The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost. These variables, along with pricing and vendor lead times make planning demand very difficult. This means they can’t markdown their products without devaluing the brand. Incentives.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 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. 6. Buying and assortment planning.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retalon

JUNE 18, 2019

Promotion planning is a constant balancing act. Multiply that effort by the hundreds, or thousands, of promotions you run every year and the workload quickly balloons beyond the capacity of any planning team. Promotion Goals & Retail KPIs: Your company’s overall business goals will require a balanced approach to promotion planning.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Retalon

MARCH 3, 2020

Retalon is an award-winning provider of retail AI and predictive analytics solutions for planning, merchandising, inventory optimization, pricing, promotions and markdowns. About Retalon: . The post Press Release: enVista brings Retalon’s AI to their Unified Commerce Solutions. appeared first on Retalon.

Payment Services 41

Payment Services Fulfillment Markdowns Finance 41

Retalon

MARCH 4, 2019

Modern retailers take advantage of advanced retail predictive analytics planning solutions. With multiple plans, and several levels of planners, plans may go through lots of re-consolidations, merging, and adding up to the “master plan”. This means that changes to plans are very cumbersome. Inventory Management.

Inventory Management 32

Inventory Management Markdowns Planning Fulfillment 32

Retalon

FEBRUARY 10, 2022

Drastic Markdowns. Last minute markdowns that offload stock at a loss. A large portion of your budget goes toward planning, storing, transporting and managing unsold inventory. Inventory storage, overstock management, ROI lost to markdowns, even lost sales due to stockouts, are all tangible costs of bad inventory.

Management 41

Management Inventory Turnover Inventory Management Dead-Stock 41

Retalon

AUGUST 2, 2019

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. Unifying Big Data across Forecasting, Planning, and Operations.

Merchant Services 39

Merchant Services Fulfillment Accounting Markdowns 39

Retalon

JUNE 11, 2021

While optimizing a retail supply chain for efficiency and reduction of waste requires careful planning and consideration, machine learning and predictive analytics technology have changed the rules of the game. In a 2018 report , Gartner, Inc. The Retail Sustainability Problem.

Fulfillment 41

Fulfillment Drop-Shipping Markdowns Returns 41

Retalon

AUGUST 16, 2019

You can better plan for stocking of inventory at warehouses and retail locations and optimize the fulfillment process for online and mobile orders. Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. The post Personalization vs.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

AUGUST 20, 2019

Finding the right Retail AI and Predictive Analytics solutions can help you to plan for success in the modern retail marketplace in a variety of ways, whether your brand subscribes to bricks, clicks, or both. – Merchandise, Assortment, and Store planning. – Promotions, event and markdowns. – and more.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retail Prophet

JULY 18, 2022

In 1956, after almost two decades of planning, McClean’s musings became reality got when he loaded 58 metal containers in Port Newark onto the S.S. The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. A huge saving of time and labor, he thought.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59

Retalon

AUGUST 16, 2019

You can better plan for stocking of inventory at warehouses and retail locations and optimize the fulfillment process for online and mobile orders. Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

JUNE 22, 2020

Accurate demand forecasts allow retailers to confidently execute merchandise assortment plans, bring the right quantity of inventory to the right location to match promotional uplifts, and avoid unnecessary markdowns.

Merchant Services 41

Merchant Services Markdowns Promotions Location 41

Retalon

AUGUST 20, 2019

Finding the right Retail AI and Predictive Analytics solutions can help you to plan for success in the modern retail marketplace in a variety of ways, whether your brand subscribes to bricks, clicks, or both. – Merchandise, Assortment, and Store planning. – Promotions, event and markdowns. – and more.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 2, 2019

Prices (markdowns, promotions, competitor prices, etc.). Unifying Big Data across Forecasting, Planning, and Operations. Merchants and inventory managers attended more co-planning meetings. POS data (sales, returns, etc.). Inventory levels (store, warehouse, distribution centers). Traffic cameras (foot / vehicle traffic).

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32