Remove Fashion Remove Management Remove Markdowns
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How Retailers Can Strengthen Sustainability With Data-Driven Pricing Strategies

Retail TouchPoints

These insights are a powerful way to gauge consumer demand for sustainable products with current and past sales data, identify the most profitable promotional strategies, and minimize markdowns and waste from the start. Manage the entire lifecycle to reduce waste from the start. Better track, monitor and gauge customer demand.

Markdowns 325
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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. Don’t believe us?

Markdowns 128
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How Retailers can Overcome the Challenges Faced on the Path to Sustainability

Retail TouchPoints

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Take for example Ingka Group , a strategic partner in the IKEA franchisee system, which acquired approximately 60,000 acres of forestland in Oklahoma and Texas to boost its responsible forest management. Greater demand forecasting. Recommerce.

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

Inside Retail

TheDOM.com (DOM stands for Digital Off-Price Mall) will offer discounted designer fashion, streetwear and activewear from more than 90 leading Australian and international brands when it goes live in the second half of June, and there are plans to expand into additional categories, such as homewares, electronics and travel, in the future. “We

Consumer 246
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How retailers are protecting margins and profits amid economic uncertainty

Inside Retail

Though promotional cycles were a boon for sales, Diez-Simson said that managing the tension between cashflow and margin became her biggest challenge in 2024. Putting older products through markdowns might not necessarily be the trigger [either], as customers want a quality product.

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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base. That means brands and retailers need to tackle some of the innate legacy issues that have hindered inclusivity in fashion. billion in the U.S.

Consumer 290
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Experts discuss Printemps’ chance of success in the US retail market

Inside Retail

“Laura’s experience in luxury, fashion, digital and hospitality is a perfect match for us,” said Bellaiche. We dont want this to be a markdown experience. The retail industry at large is excited to see how the French luxury retailer will play out in the North American market.