Retail TouchPoints

JUNE 26, 2023

And in 2014, Inditex SA, which owns fast-fashion giant Zara, implemented RFID to effectively track all its products at every step in the process. Walmart mandated that its suppliers put it on products by 2022, which has made a big impact on RFID adoption. Doesn’t that sound amazing?!

Merchant Services 279

Merchant Services Inventory Management Grocer Customer Experience 279

Inside Retail

FEBRUARY 25, 2025

She referenced Michael Kliger, the CEO of German online luxury retailer MyTheresa, who said in a recent episode of The Business of Fashion podcast, We are not bidding for traffic I mean, I hope no one does anymore. Were not bidding for revenue. Many companies still bid for revenue. We are bidding for customers.

Markdowns 130

Markdowns Customer Retention Boutique Fashion 130

Retalon

FEBRUARY 5, 2025

In addition to the rise of fast fashion and seasonal items, trend-driven products have further shortened product life cycles. Without data-driven insights, staying competitive in the face of such rapid fulfillment speeds and vast product offerings becomes nearly impossible.

Planning 41

Planning Markdowns Fulfillment Marketing 41

365 Retail

FEBRUARY 17, 2022

Californian lifestyle fashion brand, Pacsun , doubled its ship completes by better anticipating online demand and intelligently leveraging its stores as ecommerce fulfilment centres, partnering with antuit.ai , a leader in AI-powered SaaS solutions for consumer products and retail insights and now part of Zebra Technologies.

Markdowns 52

Markdowns Fulfillment Shipping Fashion 52

Retalon

SEPTEMBER 11, 2020

In today’s landscape, when a new fashion retail trend latches on, companies need to have the ability to make the right decisions quickly. So, why is advanced analytics so successful and what is the difference between the traditional approach and this new advanced approach to fashion analytics? Fashion Retail’s Unique Challenges.

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retalon

APRIL 21, 2021

Omnichannel order fulfillment that drives customer experience (and boosts profits). Although the trend towards omnichannel fulfillment is not new, the pandemic changed many retailers’ business models almost overnight, and these changes are not going away. What is omnichannel order fulfillment in retail?

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

MARCH 2, 2021

Business-Specific Analytics & AI for Fashion Retailers. But let’s be honest, what do fast food restaurants, automotive, luxury fashion, and an online pharmacy have in common? What fulfillment methods are you offering? The one constant in fashion retailing is that there are no constants. Not that much.

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retalon

JUNE 11, 2021

And retailers are rushing to offer new fulfillment options, like “buy online, pick up in-store” (BOPIS), curbside pickups, cashless checkouts, drop-shipping, mobile shopping and more. Increased Carbon Footprint: The shift to “next-day” e-commerce has increased the logistics associated with fulfilling an order and accepting returns.

Fulfillment 41

Fulfillment Drop-Shipping Markdowns Returns 41

Retalon

APRIL 14, 2021

Your overall assortment doesn’t matter to the individual customer — only the assortment of items that fulfill the above criteria. Consumers’ tastes in fashion change with the seasons and where they shop changes over the course of years. 4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021.

Markdowns 41

Markdowns Planning Location Accounting 41

Retalon

JULY 15, 2019

Not only do overstock situations force retailers to markdown inventory at the end of a season at slim-to-no profit margins, but it also takes up physical space in stores warehouses, accruing carrying costs, and ties up extra cash that could be used towards advancing business goals. 3. Logistics and fulfillment challenges.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retalon

AUGUST 16, 2019

How can you juggle concerns like forecasting, inventory management, distribution, fulfillment, and more against the growing demand for personalization, all while continuing to create the consistent experience customers expect? From a Customer side, nobody likes being bombarded by ads & products they don’t want or need.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

AUGUST 16, 2019

So, how can you juggle concerns like forecasting, inventory management, distribution, fulfillment, and more against the growing demand for personalization, all while continuing to create the consistent experience customers expect ? From a Customer side, nobody likes being bombarded by ads & products they don’t want or need.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

MARCH 4, 2019

Retail is changing faster than ever, and keeping up fulfilment needs, competitive pricing, and trendy assortment is costly. Things are done retroactively or not at all, and any changes made tend to be at a category level, not a SKU level, leading to lost sales and unnecessary markdowns. Modern retailing requires a different approach.

Inventory Management 32

Inventory Management Markdowns Planning Fulfillment 32

Retalon

AUGUST 2, 2019

Prices (markdowns, promotions, competitor prices, etc.). Consider the way retailers traditionally forecast fulfillment. Add in a final fly-by-your-gut manual tweak and the fulfillment forecast would be ready. POS data (sales, returns, etc.). Inventory levels (store, warehouse, distribution centers). Demand forecasts.

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retalon

OCTOBER 18, 2013

It’s been almost a joke what has happened in retail business for years where retailers will declare a promotion or announce a markdown, 20 percent off, and the stores will not have any additional inventory to support it. Another company in fashion that specifically plans to have terminal stock at the end of the season.

Markdowns 32

Markdowns Promotions Planning Accounting 32

Retalon

SEPTEMBER 11, 2020

Apparel retailers also need to understand optimal size distributions for fashion products. Understanding the true historical demand reveals where retailers lost sales due to understocks and what drove their clearance markdowns on overstocks. Customers’ constantly-shifting color preferences will influence the demand for apparel.

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Retail Geek

FEBRUARY 28, 2023

I believe that they may have announced that they acquired some some sorting centers or some fulfillment center space in the US but I don’t think it’s come online yet so I think at the moment it’s all being shipped abroad but I’m not certain on that. Jason: [33:04] The for Sheehan.

Apparel 52

Apparel Drop-Shipping Social Commerce Shipping 52