Remove Discount Store Remove Markdowns Remove Promotions
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Extended Back-to-School Season Spotlights Need for Tactical Markdowns

Retail TouchPoints

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
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Meet the new online outlet mall targeting Gen Z and millennial consumers

Inside Retail

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
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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

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? A discount store for bargain hunters? There was more foot traffic because you were selling popular Scarf X on promotion? Are you positioned as a luxury brand?

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What is Price Management and Optimization?

Retalon

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.