Retail TouchPoints

AUGUST 27, 2024

“With so many things happening over the last two years — the pandemic, political pressures, social justice protests, geopolitical and supply chain challenges — everyone stayed at a perfect moderate level of anxiety,” said Ericka McCoy, Chief Marketing Officer at analyst firm Resonate in an interview with Retail TouchPoints.

Markdowns 337

Markdowns Drop-Shipping Consumer Discount Store 337

Retail TouchPoints

JUNE 18, 2020

DICK’s will open eight stores carrying the two new banners, giving the retailer a total of 11 outlet and clearance centers across nine states. OVERTIME by DICK’S Sporting Goods locations will offer an assortment of apparel, footwear and equipment at up to 75% off. Spartanburg, S.C. and Racine, Wis.

Sporting Goods 179

Sporting Goods Markdowns Apparel Discount Store 179

Inside Retail

JUNE 1, 2021

Seskin, whose father, JD Sports Australia chairman Hilton Seskin, is a strategic advisor to TheDOM.com, declined to name the brands that will be available at launch, but said the team has been “hand-picking” the ones it wants to work with. “We’ve Everyone might go 30 per cent off on their first markdown, but their reach is limited.

Consumer 246

Consumer Markdowns Planning Shopping 246

Retail TouchPoints

MAY 28, 2020

While the retailer incurred additional expenses from associate bonuses and other COVID-19-related expenditures, Dollar General was able to reduce markdowns, on top of benefiting from increased purchase volume. TJX, which shut down both its stores and web site, reported net sales of $4.4 of net sales, compared to 22.5% in Q1 2019.

Markdowns 162

Markdowns Discount Store Finance Apparel 162

Retalon

NOVEMBER 20, 2020

Before we go any further it is important to make a clear distinction between price management and price optimization : Price optimization is the process of identifying the optimal price point for any given product at any given location that will yield the highest profit. You cannot optimize prices without managing them, however.

Management 41

Management Markdowns Accounting Retailing Pricing 41

Retalon

JUNE 10, 2020

A discount store for bargain hunters? Here’s a very simplified example: High-End & Low Volume Retailer 10 units at $100 = $1,000 revenue Economy & High Volume Retailer: 100 units at $10 = $1,000 revenue. Consequently, it also determines how many units of a product you can sell at a certain price point.

Planning 41

Planning Markdowns Promotions Accounting 41