Remove Accounting Remove Marketing Remove Promotions
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Integrate Pricing, Promotions and Markdowns to Drive Profitability

Retail TouchPoints

Despite a positive job market and a stabilized economic environment, most consumers ( 96% ) are looking to save money in the short term, according to a recent study from PwC. But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success.

Markdowns 321
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How to Level Up Your Trade Spend Accounting

Wiser

Yet, despite its importance, many businesses struggle to measure trade promotion effectiveness. Proper trade spend accounting offers a clearer view of investment returns and helps businesses make more informed decisions. Co-Advertising: Manufacturers and retailers jointly fund campaigns to promote products.

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Lowe’s Promotes Finance Exec to CFO

Retail TouchPoints

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. He is a proven leader with strong financial and operational acumen, and I look forward to working together as we execute our strategy and continue to grow our market share, expand operating margins and deliver meaningful shareholder value.”.

Finance 283
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Can innovation help Nike maintain its market dominance?

Inside Retail

The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”

Marketing 246
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How to Promote Your Small Business

Wiser

That’s why it’s so important for small business owners to understand how to promote their businesses effectively. Effective promotion not only creates awareness among potential customers but also helps to build a distinctive brand image, fostering long-term customer loyalty. What Is a Promotions Strategy?

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Understanding Retail and Key/National Account Teams

Wiser

Understanding the structure of retail and key account teams within the Fast-Moving Consumer Goods (FMCG) industry is crucial for anyone looking to make a mark in this field. Their responsibilities include ensuring products are correctly shelved, promotions are accurately displayed, and any stock issues are promptly addressed.

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Five Actions to Break Your Promo Routine and Launch More Effective Promotions

365 Retail

If you’re like most retailers today, you’re in a rut when it comes to promotions. You tend to fall back on what you’ve done before, running the same promotions on the same items year after year. In doing so, you risk losing customers, market share, and profits. If you’re stuck in a promo routine, that’s not unusual.