Retail TouchPoints

SEPTEMBER 29, 2022

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.

Fast Fashion 362

Fast Fashion Fashion Consumer Markdowns 362

Retail TouchPoints

JUNE 26, 2023

Get ready, get excited, retailers and customers alike, the 2D barcode, a compact square label with splotches and spaces that encode up to 350X more data than a traditional UPC (4,000 characters) will have a significant impact on managing the business and delivering better customer experiences. Doesn’t that sound amazing?!

Merchant Services 279

Merchant Services Inventory Management Grocer Customer Experience 279

Retalon

APRIL 14, 2021

What is a retail markdown strategy? A retail markdown strategy is a plan that describes when and how certain products should go on markdown. Having a markdown strategy is important because, all too often, markdowns are a kneejerk reaction to end-of-life inventories. ” What are markdowns in retail?

Markdowns 41

Markdowns Dead-Stock Promotions Planning 41

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

FEBRUARY 5, 2025

In addition to the rise of fast fashion and seasonal items, trend-driven products have further shortened product life cycles. learn more… Fewer Markdowns Minimize profit loss from excess inventory. Retailers are required to adapt their assortments more quickly than ever before.

Planning 41

Planning Markdowns Marketing Fulfillment 41

Inside Retail

DECEMBER 19, 2023

Hear the phrase ‘fashion waste’ and most people immediately associate it with the fast-fashion industry producing products with short lifespans, ultimately destined for landfills. There’s no rush for them to always get rid of any markdowns.

Fashion 130

Fashion Markdowns Apparel Fast Fashion 130

Retalon

OCTOBER 24, 2023

This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. Billion in overstocks.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41