Remove Markdowns Remove Social Commerce Remove Space Planning
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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

There is no standardization across the industry and inconsistent sizing leads to markdowns and returns. The Solution: For retailers that want to minimize markdowns and improve margins on their brand portfolio, reducing overbuying is key. It’s an unsustainable and wasteful cycle because one size doesn’t fit all.” Challenge 3: Pricing.

Consumer 290
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These social media platforms are beating out Google for product discovery, reviews

Retail Dive

Social commerce and livestream shopping are on the rise, as users consistently return to TikTok Shop and categories like beauty continue to grow on the platform. Millennials spend the most on TikTok monthly, averaging $50. This is compared to $1 a month by baby boomers, Gen X who spends $39 monthly and Gen Z who averages $33 a month.