Retail Minded

FEBRUARY 24, 2022

While these benefits can be multiple and meaningful, there are challenges that need to be considered too; making the need a unified supply chain platform that powers omnichannel offerings, a must have for brands in 2022. #3 3 : SUPPLY CHAINS NEED TO BE MORE AGILE.

Fulfillment 111

Fulfillment Markdowns Specialty Retailers Consumer 111

Indigo 9 Digital

FEBRUARY 28, 2023

Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. If you can’t move all of the inventory then markdowns are required which eats into sales per sq. Large stores are inherently risky.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

SEPTEMBER 3, 2020

Ultimately, a “good GMROI” will depend on how much control a retailer has over costs and prices. Retailers that deal with vendors that dictate costs, or those in highly competitive markets will experience lower GMROI. And as mentioned above, GMROI will also heavily depend on your market position in terms of branding.

Returns 41

Returns Accounting Fulfillment Markdowns 41

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. With the dynamic nature of retail and supply chains, North America’s top retailers aim to have 98.5% In-Stock Percentage Benchmark Example.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41