Retail TouchPoints

NOVEMBER 11, 2024

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.

Markdowns 162

Markdowns Supermarket Shrinkage Consumer 162

Inside Retail

SEPTEMBER 3, 2024

AI can identify the fastest retrieval routes, automate markdown processes, and provide real-time inventory insights, ultimately improving your margins. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.

Loss Prevention 245

Loss Prevention Checkout Shrinkage Supply Chain Management 245

Inside Retail

JANUARY 30, 2024

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. The software essentially helps brands understand what demand will be.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Wiser

JANUARY 12, 2021

If you find that customers aren’t buying at the markup level, you can use markdowns and discounts until the selling price is more in line with customer expectations. If you’re selling a big-ticket item with low turnover and high shipping and shrinkage costs , you might end up actually eroding your margin with keystone pricing.

Wholesale 78

Wholesale Shrinkage Markdowns Returns 78