Retail TouchPoints

NOVEMBER 25, 2020

Like many brands dealing with COVID-19, DTC jewelry brand Mejuri was forced to focus intently on its online operations this year. Mejuri sells through multiple channels, including ecommerce, call center and physical store locations, processing orders for fulfillment across multiple locations and a variety of shipping methods.

Markdowns 251

Markdowns Fulfillment Shipping Marketing Spend 251

Retail Adventures

OCTOBER 22, 2020

Place carts and baskets in key locations throughout the sales floor, not just near the door. Think of your cashwrap as another important display area and tastefully load it up with candles, accessories, jewelry – anything that will appeal to an impulse shopper. Spinner racks located near the cash wrap work, too.

Markdowns 98

Markdowns Advertising Planning Cross Merchandising 98

Retalon

MARCH 2, 2021

Jewelry retailers need to determine the right assortment mix that offers a good selection while having the right depth of inventory for each SKU. What sizes should you offer for each product at each location? Electronics and games retailers have presales and major demand spikes on game release days. How seasonal is your business?

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retail Adventures

AUGUST 16, 2022

Place carts and baskets in key locations throughout the sales floor, not just near the door. Think of your cashwrap as another important display area and tastefully load it up with candles, accessories, jewelry – anything that will appeal to an impulse shopper. Spinner racks located near the cash wrap work, too.

Markdowns 52

Markdowns Advertising Planning Cross Merchandising 52

Retalon

OCTOBER 18, 2013

Another thing that retailers are trying to do today is to monitor inventory in different locations. The reality today is they can do much more by balancing inventory between locations by satisfying online requests of customers directly from different locations and that basically allows them to use inventory much more efficient.

Markdowns 32

Markdowns Promotions Planning Accounting 32

Retail Adventures

AUGUST 25, 2021

This is especially important if your store is located in an area where people tend to walk, and areas populated with restaurants and bars. Choose impulse items like candles, costume jewelry, and body lotions. Don’t wait too long to take a markdown. Light your window displays at night. Your receipt guarantees it.”

Returns 83

Returns Cross Merchandising Promotions Marketing 83

Retalon

AUGUST 5, 2020

Retailers must maintain a healthy In-Stock Percentage for every product at every store, in order to avoid out-of-stocks, lost sales, failed promotions, and costly markdowns. Moreover, a highly accurate demand forecast helps retailers ensure they bring the right amount of inventory to the right location.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41