Remove 2019 Remove Markdowns Remove Merchant Services Remove Promotions
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How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success

Retail TouchPoints

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. Richard Maicki.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Laura Illanes, a 22-year-old student at the University of South Carolina Upstate, said she gets six free pieces of clothing from Shein each month for promoting the brand to her 36,000 Instagram followers. If you can’t move all of the inventory then markdowns are required which eats into sales per sq. billion in 2019.

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How to Get Results from your Big Data with Retail AI

Retalon

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. How will a promotion during a seasonal peak affect the uplift in demand?

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5 Vital Considerations for Big Data Analytics in Retail

Retalon

Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). Prices (markdowns, promotions, competitor prices, etc.). How will a promotion during a seasonal peak affect the uplift in demand? The result?

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The Big Difference Between a Sales Forecast vs. a Demand Forecast Explained

Retalon

New products, seasonal peaks, price changes, promotions, competition, moving holidays and dozens of other factors that influence your business make it impossible to simply rely on what happened this time last year. It’s a must have for any merchant that wants to experience success with their retail business in the digital age.