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