Retail TouchPoints

MAY 30, 2023

This was attributed to increased markdowns at Journeys offsetting an otherwise normalized promotional environment, which led to improved margins at the other businesses. Genesco’s gross margin was 47.3% in Q1 2024, compared to 48.3% in Q1 2023.

Location 243

Location Markdowns Accounting Promotions 243

Retail TouchPoints

JUNE 18, 2020

The location will stock brands including Nike , Adidas and Under Armour , with additional markdowns added throughout the year to keep inventory fresh. The first three OVERTIME stores will open in Connecticut, Maryland and Pennsylvania.

Sporting Goods 179

Sporting Goods Markdowns Apparel Discount Store 179

Retail TouchPoints

FEBRUARY 12, 2021

RFID captures all inventory in-store and online. This helps a retailer maximize full price sales opportunities and reduce markdowns. RFID is so exact that it allows for single-unit SKU sales, also known as “last item” selling. As the crisis continues to unfold, simply having options is a major plus.

Fulfillment 286

Fulfillment Markdowns Inventory Management Customer Experience 286

Retail TouchPoints

JULY 31, 2023

The report also noted that the most advanced AI solutions can realize savings by using analysis “to route online orders to stores with merchandise most likely to go on markdown while also considering the shipping cost.

Markdowns 246

Markdowns Shipping Fulfillment Consumer 246

Retalon

MARCH 21, 2025

Its typically built through a collaborative effort between finance, merchandising, marketing, supply chain, and store operations. Promotional calendars: Planning key campaigns, promotions, and markdown events throughout the year to drive sales and clear seasonal inventory. What if we expand to 10 more stores?

Markdowns 41

Markdowns Finance Promotions Planning 41

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.

Drop-Shipping 200

Drop-Shipping Merchant Services Fulfillment Shipping 200

Retail TouchPoints

MAY 28, 2020

While the retailer incurred additional expenses from associate bonuses and other COVID-19-related expenditures, Dollar General was able to reduce markdowns, on top of benefiting from increased purchase volume. Unlike some other retailers , Dollar General’s selling, general and administrative (SG&A) expenses actually dropped, to 20.5%

Markdowns 162

Markdowns Discount Store Finance Apparel 162

Wiser

AUGUST 25, 2020

4: Use Promotions and Markdowns to Move Seasonal Inventory. Instead, a lot of that has been left sitting in the back of stores or warehouses and needs to go somewhere once you open again. We recommend using promotions and markdowns to move that inventory quickly. Any changes to store operations still work with who you are.

Markdowns 120

Markdowns Payment Services Promotions Drop-Shipping 120

Retail Times

APRIL 15, 2024

Midcounties Co-operative has announced it will further food waste reduction efforts across its Your Co-op operations, extending its partnership with Retail Insight, the leading provider of store operations execution software.

Markdowns 52

Markdowns Store Operations 52

Retail Focus

FEBRUARY 8, 2022

As sporting goods retailer INTERSPORT has found, using digital at the shelf edge to help customers enhances both customer experience and improves efficiency of in-store operations.

Markdowns 147

Markdowns Sporting Goods Management Shopping 147

365 Retail

FEBRUARY 26, 2024

With retailers removing best-before dates to reduce food waste, UK consumers still want supermarkets to offer discounts on goods nearing expiry, according to the latest data from Retail Insight , the leading provider of store operations execution software.

Markdowns 64

Markdowns Supermarket Grocer Store Operations 64

365 Retail

SEPTEMBER 18, 2023

UK consumers are turning their sustainability efforts towards resourceful consumption, reducing food waste to shop sustainably while keeping food bills down, according to the latest data from Retail Insight , the leading provider of store operations execution software. The latest data from WRAP suggests UK households throw away 4.5

Markdowns 52

Markdowns Consumer Store Operations Shopping 52

Retail Smart Guys

JANUARY 28, 2023

In handling your multiple stores, we will evaluate your inventory and, if needed, reclassify it to what you need to buy property. By doing this, we can reduce markdowns and enhance your profitability. Indeed, our inventory planning services are well-crafted for multiple stores, making things easy and convenient for retailers like you.

Planning 52

Planning Markdowns Finance Location 52

Retail Smart Guys

FEBRUARY 14, 2023

In handling your multiple stores, we will evaluate your inventory and, if needed, reclassify it to what you need to buy properly. By doing this, we can reduce markdowns, speed up turns, and enhance your profitability. So, do you want to start optimizing your multi-store operation? Retail Smart Guys ’ has the solution.

Planning 40

Planning Markdowns Finance Location 40

365 Retail

JUNE 5, 2024

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. For instance, it might suggest markdowns for slow-moving seasonal items or pinpoint opportunities to cross-sell. Read on for more insight!

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Retalon

DECEMBER 17, 2021

Typically unexpected, this situation can be extremely detrimental for retailers and also has the potential to create additional issues such as: Inventory Imbalances Overstocks Markdowns. Avoided overstocks and minimized markdowns. Let’s dig a little deeper to find out what they are. Identifying an optimal pricing strategy.

Markdowns 41

Markdowns Promotions Consumer Fashion 41

Retail Adventures

AUGUST 25, 2021

Store Operations 27. Don’t wait too long to take a markdown. Keep a stash of frequently forgotten items at the cashwrap. Now, when a customer says, “I forgot to get _, I’ll get it next time.” you can reach under the counter, grab that item, and save the sale. Be open when customers expect you to be open.

Returns 83

Returns Cross Merchandising Promotions Marketing 83

Retalon

SEPTEMBER 22, 2021

Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical store operations. BOPIS, meaning Buy Online, Pickup In-Store, is an order fulfillment option that helps retailers connect their e-commerce channels with their brick-and-mortar storefronts. What is BOPIS?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retail Adventures

JANUARY 1, 2024

Store Operations 27. Don’t wait too long to take a markdown. Keep a stash of frequently forgotten items at the cashwrap. Now, when a customer says, “I forgot to get _, I’ll get it next time.” you can reach under the counter, grab that item, and save the sale. Be open when customers expect you to be open.

Promotions 52

Promotions Returns Cross Merchandising Markdowns 52

Retail TouchPoints

MARCH 19, 2025

If one stores best-selling sweater lags at another, you can shift stock accordingly and reduce markdowns. Recognized as a Retail TouchPoints Design: Retail Top 40 Under 40, he has worked with major brands like Victorias Secret, Under Armour and River Island to enhance in-store experiences.

Visual Merchandising 147

Visual Merchandising Dead-Stock Store Layout Markdowns 147