Inside Retail

FEBRUARY 24, 2025

Hard goods retailers, in particular, face unique challenges when it comes to managing stock levels across large, multi-location operations. From ensuring high-demand items are always available to minimising markdowns on short-lifecycle products, the pressure to get inventory right has never been greater.

Markdowns

Retail Dive

JULY 14, 2025

The company this year announced plans to open eight new stores , including specially formatted locations in Maryland, Pennsylvania, Arizona and Oregon. Beyond expanding its tech device lineup, Ikea is growing its store footprint. stores and online. Sign up A valid email address is required. Please select at least one newsletter.

Department Stores

Retail Dive

JULY 14, 2025

The retailer is opening new locations in California, Connecticut, Florida, New Jersey, New York and Pennsylvania. The retailer plans to open 20 this year. The new locations will open between July and August, with three of the spaces larger than Target’s chainwide average of 125,000 square feet.

Department Stores

Retail TouchPoints

MAY 30, 2023

The company is looking to pivot Journeys to an off-mall strategy, with 13 locations out of a planned 25 already open. This was attributed to increased markdowns at Journeys offsetting an otherwise normalized promotional environment, which led to improved margins at the other businesses. “We Genesco’s gross margin was 47.3%

Location

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. And don’t forget the shopper looking for that end-of-season deal.

Markdowns

Retail TouchPoints

OCTOBER 3, 2023

When it came to inventory planning and optimization, stores were planned, allocated and/or replenished, and transacted with their customers entirely separately from the digital channel. This last, critical element (markdown avoidance) is the least fully adopted technique across the retail landscape today.

Fulfillment

Retail TouchPoints

AUGUST 1, 2024

The deployment is designed to reduce the risk of markdowns and stock shortages while also limiting the impact of underperforming products. Family Dollar has partnered with First Insight to refine its merchandise assortment strategy using the solution’s predictive analytics and actionable data.

Markdowns

Inside Retail

JUNE 1, 2021

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

Retail TouchPoints

NOVEMBER 25, 2020

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. Retailer Plans to Use Solution Across Multiple Channels.

Markdowns

Retail TouchPoints

MARCH 3, 2023

Macy’s Sees its Future in Luxury and Off-Mall Locations Macy’s has been diligently modernizing its operations for the past several years, and its performance in the coming months will be a sign of whether its efforts are paying off. “In during Q4, but they were up 0.6% at its flagship banner and up 5.8%

Markdowns

Inside Retail

MARCH 15, 2022

With customer demands coming in hotter and the stakes higher than ever, assortment planning is the key to profit growth. Here, we help you avoid profit margin mayhem with a considered, data-driven assortment plan. What is assortment planning? Why is assortment planning important? This is all managed by the store grading.

Planning

Retail TouchPoints

FEBRUARY 2, 2022

Begin with what you have and build a plan to fill in the gaps. Many of your retail peers found themselves with the dilemma of missing data — from the lack of customer data, transaction history for certain items or timeframes or sales broken out by sales type (regular/base, promotion and markdown).

Retailing Pricing

Retail TouchPoints

AUGUST 19, 2024

Discounts of 60% or more can be problematic unless they are at the very end of your markdown season, as customers start to perceive them as artificial and question if your prices mean anything at all. Fabrizio Fantini, PhD is VP of Product Strategy at ToolsGroup , a supply chain planning and optimization firm. Almost never.

Consumer

Retail TouchPoints

JULY 31, 2023

of retail sales, has multiple causes, including inaccurate demand planning, lack of inventory visibility and inadequate staff training. Similarly, these system can optimize which stores can fulfill the complete orders to maximize margins and optimize sustainability rather than shipping from multiple locations.”

Markdowns

Retail Smart Guys

JANUARY 16, 2025

Key Benefits of Inventory Management Boosts Sales and Profitability : Prevents lost sales due to out-of-stock items and reduces markdowns from overstocked goods. How Retail Smart Guys Can Help With expert open-to-buy planning, Retail Smart Guys helps you: Stock the right products at the right time. Reduce markdowns and boost profits.

Inventory Management

Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. These are opportunities that typically don’t get addressed.

Drop-Shipping

Inside Retail

MAY 30, 2024

Hirata sat down with Inside Retail to discuss the brand’s growth strategy and its upcoming plans for building a physical in-store presence. As Hirata remarked, “Often you can’t, that’s why brands do markdowns like discounts or sample sales, or even why inventory sometimes goes straight to the landfill.” What’s next for Halara?

Markdowns

Retail Smart Guys

JANUARY 28, 2023

Going over your inventory, finances, open-to-buy planning, etc., There are numerous ways you can deal with this, one of which is the by-store location approach, which we at Retail Smart Guys have already been using in our retail services for over a decade. By doing this, we can reduce markdowns and enhance your profitability.

Planning

Inside Retail

JANUARY 30, 2024

Salespeople on the shop floor can use these devices to seek a colleague’s assistance in locating a certain size or style of a product instead of leaving the customer alone while the salesperson finds it. The software uses AI to help a retailer plan the introduction of new stock into a store and manage the pricing levels across its shelf life.

Loss Prevention

Wiser

AUGUST 25, 2020

Make sure everyone knows the plan—and is able to execute that plan—to ensure that you’ve got merchandiser support when you need it. You want your merchandisers on board with your strategy and ready to enter your locations to set up any displays as shoppers come back. 5: Lean Into Omnichannel Retail.

Markdowns

Retail Adventures

JUNE 4, 2020

Remember, if you run an event in your physical location carry that same event over to online store as well. Plan In-Store Events & Promotions: You have brick and mortar stores, online retailers, TV, catalogs, and more coming at you from all sides, all vying for the customers’ attention. Be Prepared for Markdowns.

Markdowns

Retalon

FEBRUARY 10, 2025

A robust merchandise planning solution powered by AI-driven analytics is now a necessity for retailers looking to optimize inventory, forecast demand accurately, and enhance profitability. The traditional planning solution often resulted in inefficiencies, data silos, and costly errors.

Planning

Retalon

JUNE 10, 2020

Price planning is one of the most difficult (and often misunderstood) elements of retailing strategies. But emulating successful retailers in price planning isn’t enough. Standard price planning strategies (competition pricing, cost-plus, high-low, EDLP, etc.) What does this mean for price planning?

Planning

Inside Retail

JUNE 20, 2023

By adjusting prices in real time based on this analysis, retailers can increase revenue, reduce markdowns, and remain competitive in a constantly changing market. The question is how customers will respond when they become aware that prices shown may change from day to day, depending on their location or the volume of other buyers.

Markdowns

Retalon

MAY 10, 2024

If you have ever planned a family budget, you will easily understand Open to Buy (OTB). There are two types of families in household budget planning: those who operate on a tight budget, where planning is essential, and those for whom purchasing what they like at the moment is a priority, with budgeting taking a back seat.

Planning

Retalon

MAY 10, 2024

If you have ever planned a family budget, you will easily understand Open to Buy (OTB). There are two types of families in household budget planning: those who operate on a tight budget, where planning is essential, and those for whom purchasing what they like at the moment is a priority, with budgeting taking a back seat.

Planning

Retail Smart Guys

FEBRUARY 14, 2023

Going over your inventory, finances, open-to-buy planning, etc., There are numerous ways you can deal with this, one of which is the by-store location approach, which we at Retail Smart Guys have already been using in our retail services for over a decade. more than once can be demanding, stressful, and complicated.

Planning

Retail Smart Guys

FEBRUARY 19, 2024

As we embark on the exciting journey that is 2024, I wanted to share something that has proven to be a game-changer for our clients at Retail Smart Guys and that is our Inventory Planning service. With our Inventory Planning service, we go beyond traditional methods. Navigating the ebb and flow of retail demands a strategic approach.

Markdowns

Retail Smart Guys

MARCH 23, 2024

For our client, and indeed for all our partners, we go beyond the conventional by providing a detailed monthly open-to-buy plan for each class, with a focus on individual locations for multi-store retailers. Then we provide a detailed monthly open-to-buy plan for each class (by location for multi-store retailers).

Markdowns

Retalon

JANUARY 6, 2021

An effective replenishment plan will drive profit. There is an age old saying, and it goes like this: “you don’t plan to fail, you fail to plan.” ” And what can be easier than planning replenishment? All you need to do is plan to replenish the products that you sell out of.

Planning

Retail Smart Guys

SEPTEMBER 2, 2022

Particularly in your inventory, which is the biggest expense every retail store has, establishing the correct level of inventory, on a department by department basis, and a location by location basis, is the most important job in retail. Proper inventory levels in all classes, at all locations, are ensured. Ace the list now!

Planning

Retalon

JANUARY 5, 2021

An inaccurate forecast, unpredictable changes to consumer preferences, shifts in the competitive landscape, or major economic events can all completely throw your planning and purchasing off-track, leaving you with major inventory distortions despite your best plans. What is inventory balancing?

Location

Retail Assist

NOVEMBER 5, 2024

Effective inventory replenishment helps retailers maintain ideal stock levels across locations, ensuring popular items are always available. Effective stock replenishment involves evaluating stock levels, identifying gaps and promptly moving products from storage locations, such as warehouses, to retail stores or distribution points.

Markdowns

Retail Dive

JULY 11, 2025

Executives reiterated plans to open 50 to 60 net new stores, including 16 net new doors in Q3; Beyond Yoga is on on track to open six more stores this year, bringing its total store count to 14. It could be an attempt to broaden revenue streams, plot the location of a future store or, at its simplest, take advantage of a good deal.

Markdowns

Retalon

JANUARY 7, 2021

Seasonal merchandise planning carries a unique challenge for retailers, as product life cycles are measured in weeks or even days. . This is a problem because retailers plan their inventory months in advance — having almost no window to react to out-of-stocks or an unexpected up-lift in demand.

Markdowns

Retail Adventures

OCTOBER 22, 2020

Making the Golden Quarter work for you requires careful planning that, but even if you haven’t laid the groundwork for a big finish throughout the year, you can still reap the benefits of a solid holiday season. This year consider the following in your Golden Quarter planning: 1. Both of these retailers offer good plans.

Markdowns

Retail Dive

JULY 10, 2025

The acquisition will not interfere with Ulta’s other capital allocation plans for the year, the company said. Back in 2019, the beauty retailer had planned to expand to Canada, but dropped those plans a year later to focus on its U.S. Ulta paid for the deal with cash on hand and capacity under its existing credit facility.

Department Stores