Remove 2020 Remove Markdowns Remove Retailing Pricing
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AI-Powered Pricing and Promotions are Redefining the 2020 Retail Holiday Season

Retail TouchPoints

The all-important holiday season always demands retailers’ full engagement and energy, but the 2020 holiday season presents unique challenges. Retailers and their shoppers are whiplashed accordingly. Retailers and their shoppers are whiplashed accordingly. Shoppers are tugged by competing sentiments and forces.

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Supercharge Your Holiday Pricing with AI-powered Data Science

Retail TouchPoints

Census Bureau, [i] ratcheting up pressure to deliver a strong retail holiday season. Despite the havoc wreaked in 2020 by the pandemic, NRF reported that November-December 2020 retail sales were an unexpectedly high 8.3% i] “Advance Monthly Sales for Retail and Food Services, July 2021,” The U.S.

Markdowns 263
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AI-Powered Pricing and Promotions are Redefining the 2020 Retail Holiday Season

Retail TouchPoints

The all-important holiday season always demands retailers’ full engagement and energy, but the 2020 holiday season presents unique challenges. Retailers and their shoppers are whiplashed accordingly. Retailers and their shoppers are whiplashed accordingly. Shoppers are tugged by competing sentiments and forces.

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How Halara uses machine learning to make just the right amount of activewear

Inside Retail

Halara is a fast-growing athleisure and lifestyle brand founded in October 2020 by Joyce Zhang, a technologist who previously led algorithmic projects at tech-centered companies like Microsoft and Hulu. In fact, that’s a large part of what drew Hirata to the brand. How is it possible to have such a quality at US$25?” “I

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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

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. Retailers face the challenge of figuring out what the product mix should be, and how much of each product to purchase. Retailers have to be careful not to suffocate their own demand.

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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

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. Retailers face the challenge of figuring out what the product mix should be, and how much of each product to purchase. Retailers have to be careful not to suffocate their own demand.

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

Retalon

Over the last couple of decades, the challenges facing retailers have changed significantly, causing brands to rethink traditional strategies. It used to be that brands differentiated by delivering unique, hard-to-find products, or by lowering retail pricing to undercut direct competitors. – Inventory management.