Retail Minded

FEBRUARY 24, 2022

1 : CONSUMERS DEMAND SPEED, FLEXIBILITY AND CONTROL. The pandemic undoubtedly changed consumer behaviour. As consumers are increasingly demanding stronger visibility, this has rapidly become the standard of play for all brands – regardless of whether they are B2B or B2C labels. 2 : CONSUMER EXPECTATIONS ARE STRONGER THAN EVER.

Fulfillment 111

Fulfillment Markdowns Specialty Retailers Consumer 111

Indigo 9 Digital

FEBRUARY 28, 2023

It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. Large stores are inherently risky.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

SEPTEMBER 3, 2020

Ultimately, a “good GMROI” will depend on how much control a retailer has over costs and prices. Retailers that deal with vendors that dictate costs, or those in highly competitive markets will experience lower GMROI. Here are 5 common mistakes retailers should avoid in order to control GMROI. The post What is GMROI in Retail?

Returns 41

Returns Accounting Fulfillment Markdowns 41

Retalon

AUGUST 5, 2020

Most Important KPIs for the Retail Industry in 2020. Navigating changing consumer tastes and the evolving technology landscape has always made retail a challenging industry. Today, it is more important than ever for retailers to have a tight grip on the state of their business. In-Stock Percentage Benchmark Example.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41