Retail TouchPoints

AUGUST 27, 2024

Customers are changing where they shop, increasingly choosing discount stores and comparing prices online compared to previous seasons,” said Peter Ramer, Consumer Products Senior Analyst at RSM U.S. Buyers across income levels are choosing to trade down, purchasing less expensive store brands and online options.

Markdowns 291

Markdowns Drop-Shipping Consumer Discount Store 291

Inside Retail

JUNE 1, 2021

Another differentiator between TheDOM.com and existing discount platforms is the fact that it aims to consolidate all off-price activity in one location. From tactical promotions, to markdowns, to engineered lines – similar to what you might see in an outlet mall, for example – all the way through to clearance,” Seskin said. “If

Consumer 246

Consumer Markdowns Planning Shopping 246

Retail TouchPoints

JUNE 18, 2020

The location will stock brands including Nike , Adidas and Under Armour , with additional markdowns added throughout the year to keep inventory fresh. The first three OVERTIME stores will open in Connecticut, Maryland and Pennsylvania. in Q1 2020 due to store closures, though e-Commerce sales rose 110% during that period.

Sporting Goods 147

Sporting Goods Markdowns Apparel Discount Store 147

Retail TouchPoints

SEPTEMBER 1, 2023

Executives attributed this decrease to “lower inventory markups and increased shrink, markdown and inventory damages, as well as a greater proportion of sales coming from the consumables category, which generally has a lower gross profit rate than other product categories.” Gross profit as a percentage of net sales was 31.1% in Q2 2022.

Markdowns 229

Markdowns Apparel Planning Consumer 229

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. Closed Stores Lead To Losses, But Recovery May Be Right Ahead. of net sales, compared to 22.5% in Q1 2019.

Markdowns 132

Markdowns Discount Store Finance Apparel 132

Retalon

NOVEMBER 20, 2020

You can manage prices without optimizing them, but you run the risk of poor margins, higher costs, and down-stream inventory challenges (markdowns, out-of-stocks, etc.). . Price management is the process of setting prices, communicating changes through the organization, and updating pricing as things change in the business.

Management 41

Management Markdowns Accounting Retailing Pricing 41

Retalon

JUNE 10, 2020

A discount store for bargain hunters? Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.) Discover how Retalon automatically forecasts Product Life Cycles for every store / SKU combination.

Planning 41

Planning Markdowns Promotions Accounting 41