Remove Accounting Remove Consumer Remove Markdowns Remove Merchant Services
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Integrate Pricing, Promotions and Markdowns to Drive Profitability

Retail TouchPoints

Despite a positive job market and a stabilized economic environment, most consumers ( 96% ) are looking to save money in the short term, according to a recent study from PwC. But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success.

Markdowns 306
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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

Brands and retailers are feeling mounting pressure β€” from consumers, shareholders and even their boards β€” to be more inclusive. But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base.

Consumer 289
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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. Inflation and the Incredible Shrinking Margin.

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Open to Buy Retail Planning Done Right

Retalon

We refer to these as Merchant-driven organizations. The goal of the budget is to purchase the necessary quantities of products that will satisfy consumer demand. At home, the gift budget may need to be significantly higher in December than in January to account for holidays.

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Open to Buy Retail Planning Done Right

Retalon

We refer to these as Merchant-driven organizations. The goal of the budget is to purchase the necessary quantities of products that will satisfy consumer demand. At home, the gift budget may need to be significantly higher in December than in January to account for holidays.

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The Order Fulfillment Process in 2022 and Beyond

Retalon

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In fact, the best order fulfillment processes become sources of revenue, profit, and even customer loyalty.

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The Future of Retail in the New Era of Risk

Retail Prophet

Soon, merchants everywhere began to experience what many thought could only happen in third-world economies and banana republics – panic buying, empty shelves and bottomless backlogs to fill them. But in the process also opened global consumer markets to risks that would make the cotton collapse of 1861 look like a picnic.