Apparel Markdowns Returns 
Retail TouchPoints
OCTOBER 15, 2021
this year alone, representing approximately 21% of the total women’s apparel market. The business case is clear, but the looming question for apparel brands and retailers is: How do we make inclusivity a tangible — and profitable — business strategy? billion in the U.S. Inclusion Definitions Expanding Beyond Sizing.
Retail TouchPoints
SEPTEMBER 29, 2022
To help address this, some retailers have been using advanced artificial intelligence (AI) to improve forecasting capabilities and optimize markdown processes to reduce product waste. In return, sustainability presents an opportunity for retailers to give people what they want and benefit the planet while helping the business’ bottom line.
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Inside Retail
SEPTEMBER 3, 2024
AI can identify the fastest retrieval routes, automate markdown processes, and provide real-time inventory insights, ultimately improving your margins. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.
Retail TouchPoints
APRIL 6, 2022
An item’s popularity or novelty can be communicated via badges that read “best seller,” “newly added,” or even “new markdown.” The end goal of product pages is to make that item — be it an electronic, a piece of apparel or a pair of shoes — as irresistible as possible.
Inside Retail
JULY 4, 2023
That’s particularly true of the athletic footwear and apparel business in a growth market like China, where there are a lot of new entrants and the early movers are beginning to seriously sweat the competition. per cent in the APAC region as a whole and Greater China had “returned to growth” after “two years of declining business”.
Retail Adventures
OCTOBER 22, 2020
A children’s store might present gift cards in a baby bottle decorated with ribbons; an apparel store could nestle their gift cards inside a lovely box lined in scented paper. Be prepared for markdowns and returns. Remember that the first markdown is always the cheapest one to take, so take a deep breath and price to sell.
Retalon
SEPTEMBER 11, 2020
Fashion and apparel retailers are also dealing with distribution of sizes, colors, and styles, all of which are complicated further by shifting seasonality. Often resulting in inventory distortion that lead to lost sales and costly markdowns. The cost of returns alone can make a retailer question the profitability of online stores.
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