2021 Accounting Markdowns 
Retail TouchPoints
SEPTEMBER 17, 2021
The Adobe Index — which analyzes consumer transactions across more than 100 million SKUs in 18 categories — found that consumers have spent more than $541 billion online in the first eight months of this year, from January through August 2021. 1, 2021, consumers will have spent more online than the $575 billion they spent in all of 2019.
Retail TouchPoints
NOVEMBER 25, 2020
We expect to expand our analysis into areas like cross-channel merchandising promotions performance and inventory (allocation) by channel and location as we move into 2021.”. While COVID-19 made Mejuri focus heavily on ecommerce and customer fundamentals this year, its new and existing retail stores are coming back strong, said Masad. “We
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Retalon
APRIL 14, 2021
What is a retail markdown strategy? A retail markdown strategy is a plan that describes when and how certain products should go on markdown. Having a markdown strategy is important because, all too often, markdowns are a kneejerk reaction to end-of-life inventories. ” What are markdowns in retail?
365 Retail
SEPTEMBER 16, 2021
Retailers famously live and die by the holiday season each year, but as the 2021 season fast approaches, the stakes are higher than ever. The result can be costly post-season markdown events that leave retailers stuck with short-life seasonal items that necessitate steep marks or even complete write-offs.
Retalon
JANUARY 7, 2021
With seasonal product life-cycles becoming ever shorter, retailers need more strategic and granular ways to plan their seasonal assortments so they can maximize revenue while minimizing markdowns. Account for more variables in your seasonal merchandise planning. This is most obvious when a promotion doesn’t take inventory into account.
Retalon
JULY 28, 2021
That’s why it’s important for all retailers to understand what seasonal demand forecasting is, why it’s so challenging and how retailers in 2021 are overcoming these challenges to increase their bottom line. Retailers either lose sales and customer satisfaction due to inventory shortages or face drastic and expensive markdowns.
Retalon
JULY 28, 2021
That’s why it’s important for all retailers to understand what seasonal demand forecasting is, why it’s so challenging and how retailers in 2021 are overcoming these challenges to increase their bottom line. Retailers either lose sales and customer satisfaction due to inventory shortages or face drastic and expensive markdowns.
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