Remove 2020 Remove Markdowns Remove Shipping
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Pacsun Improves Profitability with Intelligent Allocation and Replenishment with Antuit.ai

Retail Focus

Californian lifestyle fashion brand, Pacsun , doubled its ship completes by better anticipating online demand and intelligently leveraging its stores as ecommerce fulfilment centres, partnering with antuit.ai , a leader in AI-powered SaaS solutions for consumer products and retail insights and now part of Zebra Technologies.

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How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success

Retail TouchPoints

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. Richard Maicki. What can the retailer learn from and improve?

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15 Things to Do RIGHT NOW to Get Your Store Ready for Holiday 2020

Retail Adventures

2020 Dates to Remember: This year Black Friday is on November 27, Cyber Monday is November 30, Small Business Saturday is November 28, and the biggest shopping day of the holiday season will be December 19, the Saturday before Christmas. Be prepared for markdowns and returns. Your store must participate on Black Friday.

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More recessions lessons from Greenlit Brands, Camilla, Super Retail

Inside Retail

Some of these retailers have gotten into trouble because they foresaw the challenges of the supply chain – the shortage of containers and container ships – and they overspeculated on their inventory, which is just a gamble. In all our “risk ratio” matrices, a global pandemic was almost non-existent until February 2020. Cash is king.

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7 Expert Tips Guaranteed to Reduce Inventory Costs (2020)

Retalon

And at the end of the sales season (or at the end of a product’s lifecycle), markdowns you set to clear out excess inventory can easily wipe out the product’s lifecycle profitability. They quickly learn to time their purchases for the inevitable markdowns rather than buying products during the main lifecycle.

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How to Score Great Shopping Deals During the Pandemic - a Retail Adventure for Consumers

Retail Adventures

Sign up for loyalty programs: Loyalty members score added perks like free shipping, extra discounts, and early access to sales and events that are not available to non-members. Many consignment stores list upcoming markdowns right on the price tags – each tag shows the starting price and the dates that markdowns will occur.

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Meet Lindsay Nicholas, the fashion designer bringing NY edge to Melbourne

Inside Retail

With luxurious touches, such as a VIP area with velvet chairs, a personal shopping service, and free domestic shipping for in-store customers, Nicholas calls it “one of the most elegant stores” she has ever seen. We fared well through 2020 as we have a strong online presence, though in 202,1 we saw things slow down a bit.

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