Sat.Apr 04, 2020 - Fri.Apr 10, 2020

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What are Retail Markdowns?

Wiser

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry. This is where one of the biggest inventory mistakes you can make exists.

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Why Your Competitors Are Outperforming You at the Shelf

RepslyBlog

Did you know that 72% of brands end up in the red when it comes to promotions ? Chances are, most brands find themselves in that majority -- which means the other 28% of brands (i.e. your competitors!) are dramatically outperforming their competition on the shelf. That is why executing promotions and ensuring a positive return could be a deal maker or breaker when attempting to gain additional share of your category, or when defending your space on the shelf from those desperate to snag your spo

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COVID-19 Retail Recovery: Launch of Resource Hub

Retail Next

A few weeks ago, when it became clear that COVID-19 would have immediate and lasting impact on the retail industry, it became clear to me that we needed to make immediate changes to the marketing plans we had set forth for this year. Many retail leaders and friends were telling me that they were overwhelmed by the onslaught of tone-deaf vendor outreach, reinforcing the decision I had already made in partnership with my sales leadership team.

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Rethinking Your Retail Strategy Part 3

One Step Retail

Christine Russo, retail expert from Management One, teams up with Senior VP of Retail, Kevin McAdam, for a 3-part series to discuss staying engaged with your customers and brand community, selling products while stores are closed, getting social, what to do about excess inventory, future planning, and taking advantage of the forced downtime.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Pop-Up Prevails: Key Points of Reentry into Retail

Medallion Retail

Right now, there are 10 things on my shopping list. None of these are even remotely related to cosmetics, apparel or jewelry. I don’t think I’m alone in this. Our shopping needs at the moment are focused on necessities, like The post Pop-Up Prevails: Key Points of Reentry into Retail appeared first on Medallion Retail.

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Managing Google Ads Effectively During COVID-19

Store Growers

Live call notes. Worksheet: [link]. Industry stats: [link]. [link]. [link]. The post Managing Google Ads Effectively During COVID-19 appeared first on Store Growers.

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Rethinking Your Retail Strategy Part 2

One Step Retail

Christine Russo, retail expert from Management One, teams up with Senior VP of Retail, Kevin McAdam, for a 3-part series to discuss staying engaged with your customers and brand community, selling products while stores are closed, getting social, what to do about excess inventory, future planning, and taking advantage of the forced downtime. Part 2 of Rethinking Your Retail Strategy focuses on what you can do with excess inventory, maintaining vendor relationships, and spreading some goodwill ar

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Can Retailers Win With the Right eCommerce Shipping Strategy?

Wiser

How often have you shopped online recently? Given the challenges presented by COVID-19, specifically for retailers, it’s not surprising that more people are shopping online than before. For many, this is the best option in a tough situation. That got us wondering how the everyday consumer approached eCommerce during this time. Specifically, we wanted to know about eCommerce shipping—how important was it?

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Rethinking Your Retail Strategy Part 1

One Step Retail

Christine Russo, retail expert from Management One, teams up with Senior VP of Retail, Kevin McAdam, for a 3-part series to discuss staying engaged with your customers and brand community, selling products while stores are closed, getting social, what to do with excess inventory, future planning, and taking advantage of the forced downtime.

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A Business's Key Areas of Focus for the Next 90 Days

One Step Retail

A resource from The Great Game of Business Coach, Doug Diamond. “Every company, in some way, is going to be impacted by this crisis (COVID-19). And, you are either going to emerge stronger or you are going to emerge weaker. You have to make decisions now that allow you to build new strengths and capabilities that you’ll continue using forever. It’s going to be challenging to shift and morph quickly in this fast-changing environment that we’re in.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Have you been ‘put on pause’ by Amazon?

Retail Technology Review

By Tony Dobson, managing director, SnapFulfil. In recent weeks Amazon has refocused its shipping efforts to essential items only - side-lining thousands of sellers who relied on the retail giant to fulfil and ship their orders.

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A third of e-commerce traffic was from bad bots in Feburary, with a surge in bot traffic on sites selling masks and sanitiser

Retail Technology Review

Radware has issued findings from bot research it has conducted this year that show in February 27.7% of traffic on media sites was made up of bad bots and involved automated activity, including scraping. The findings includes detailed graphs of the bot activity and shows a distinct correlations between bad bots and CV-19.

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eCommerce orders up 23% year-on-year as self-isolation drives shoppers online

Retail Technology Review

Independent online retailers in the UK are taking, on average, 23% more orders this March than in 2019, according to new data from James and James Fulfilment. Essentials such as health supplements and store cupboard ingredients have seen triple-digit growth in orders between the last week of February and third week of March.

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Saudi Arabia turns to e-commerce during Covid-19 outbreak

Retail Technology Review

Restrictions on movement and trade as a result of the Covid-19 pandemic have led to a significant shift in consumer behavior in Saudi Arabia, with locals increasingly turning to digital channels.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.