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Rethinking Pricing: How Dynamic Markdowns can Combat Food Insecurity

Retail TouchPoints

In contrast, a promising alternative known as dynamic markdowns is gaining traction. Dynamic markdowns present a fairer solution in the current economic downturn, benefiting both retailers and customers alike. For dynamic markdowns to be effective, clear communication with consumers is essential.

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H&M profits drop as external pressures and markdowns slow growth

Retail Gazette

H&M has reported a dip in profits for the first quarter of its fiscal year, citing negative external factors, increased markdowns, and ongoing investments. Sales increased by 2% in local currencies to SEK 55.3 billion (4.3bn), falling slightly short of analyst expectations.

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Dollar General Plans 575 New Stores, 4,250 Remodels, Tests Same-Day Delivery

Retail TouchPoints

in the quarter compared to 29% in Q3 2023, a decrease that was attributed to increases in markdowns and inventory damages. The net sales increase was driven by positive sales contributions from new stores and growth in same-store sales, with same-store sales increasing 1.3% over the same quarter in 2023.

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Stronger Bonds, Stronger Business: The Case for CRM and Loyalty Now

Retail TouchPoints

Brands win when they shift from markdowns to meaning — delivering tools, education and services that empower while framing value in ways that respect pricing pressures and reinforce brand strength. Expand the Value Canvas. Discounting is reactive. Reframing value is strategic. Value Exchange: Offer more than transactions.

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How AI is Revolutionising the Retail Sector

Retail Focus

This reduces overstocking and the need for massive markdowns. This improves productivity and reduces costs. Retailers can also use AI to dynamically match supply with anticipated demand. Increased Automation Automating manual, repetitive tasks is a key application of AI in retail.

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David Jones, LSKD reveal how their Black Friday sales are performing so far

Inside Retail

However, many consumers only appear willing to buy if there’s a significant markdown involved, so where does that leave retailers?

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How retailers are protecting margins and profits amid economic uncertainty

Inside Retail

Putting older products through markdowns might not necessarily be the trigger [either], as customers want a quality product. We never found that [a sitewide sale] is the right approach in the apparel space because that is giving away margin on good products that people pay good prices for, Pavone explained.