Inside Retail

NOVEMBER 27, 2024

The Black Friday Cyber Monday sales period has expanded to become ‘Black November’ this year, with many retailers and brands starting their promotions earlier than ever. However, many consumers only appear willing to buy if there’s a significant markdown involved, so where does that leave retailers?

Markdowns 241

Markdowns Promotions Advertising Department Stores 241

Retail TouchPoints

MARCH 3, 2023

We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales.

Markdowns 311

Markdowns Operating Expenses Department Stores Planning 311

Retail Wire

MARCH 2, 2023

Macy’s reported better-than-expected revenues for the holiday quarter as it ramped up promotions to turn merchandise and reduce inventory. The department store retailer discounted merchandise but remained mindful of its profit margins.

Markdowns 100

Markdowns Department Stores Promotions 100

Retail Gazette

SEPTEMBER 29, 2024

Recent UK store openings include London Bridge, Trafford Centre and two stores in Glasgow, taking AllSaints’ total store count to approximately 300 directly operated outlets across the world. I am confident that the arrival of our standalone store will only strengthen our position in the country and wider region. “We

Markdowns 52

Markdowns Department Stores Fashion Wholesale 52

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. Some of these factors include: Pricing Consumer preferences Competitors Events Promotions Vendors Logistics etc.

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Markdowns Promotions Accounting Planning 41

Indigo 9 Digital

FEBRUARY 28, 2023

After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. 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

JUNE 10, 2020

Optimize Prices for Each PLC Stage Product Introduction (Initial Pricing) In-Season Promotions End of Product Life Cycle What does this mean for price planning? Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.)

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Planning Markdowns Promotions Accounting 41