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Extended Back-to-School Season Spotlights Need for Tactical Markdowns

Retail TouchPoints

Among the 86% of consumers that still had shopping to do, 45% said they were waiting for the best deals to complete their BTS purchases, and that search for bargains is another key headline this year. Buyers across income levels are choosing to trade down, purchasing less expensive store brands and online options. they spent in 2023.

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

Inside Retail

A new online shopping site is set to launch in Australia this month that aims to update the traditional outlet mall experience for a Gen Z and millennial audience. In contrast, TheDOM.com plans to provide an “inspirational” and “elevated” shopping experience through its site design and tone of voice.

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Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status

Retail TouchPoints

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.

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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

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.