Remove Consumer Remove Finance Remove Markdowns Remove Store Operations
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Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status

Retail TouchPoints

billion in Q1 2020, while same-store sales jumped 21.7% The retailer saw increases in consumables, seasonal home products and apparel, with the company attributing this growth to COVID-19’s impact on consumer behavior. Dollar General saw its net sales rise 27.6% during the same period. of net sales, compared to 22.5% in Q1 2019.

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Streamlining Retail Operations With Innovative Tech Solutions

365 Retail

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. However, manual methods are time-consuming and prone to errors. For instance, it might suggest markdowns for slow-moving seasonal items or pinpoint opportunities to cross-sell.

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As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs?

Markdowns 273