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7 Tips for Wholesale Inventory Management

Independent Retailer

Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . ” Here are 7 tips for retailers on how to better manage their wholesale inventory and get rid of some of that product bloat: Return for a Refund or Credit. Donate Excess Wholesale Inventory.

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Jeans for the greater good: Outland Denim

Inside Retail

Markdown strategies are damaging in the long term, and would interfere with the social justice mission Outland Denim is trying to achieve. Outland Denim has a retail presence, and also uses wholesale as a route to market. We can’t just be spamming people trying to get a sale out of them.”

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How Halara uses machine learning to make just the right amount of activewear

Inside Retail

As Hirata remarked, “Often you can’t, that’s why brands do markdowns like discounts or sample sales, or even why inventory sometimes goes straight to the landfill.” In fact, that’s a large part of what drew Hirata to the brand. Prior to joining the team, had been acting in the role of chief executive officer at Diane von Furstenberg.

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Eroding profit overshadows strong Nike sales performance

Inside Retail

Unfortunately, Nike is facing the headwind of slower demand for sneakers and apparel which is pushing down wholesale orders, driving up inventory, and necessitating more marketing and promotional efforts to drive volume. The sports retailer has reported full-year revenue of $51.2

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Trade Promotion vs Consumer Promotion: A Comparative Analysis

Wiser

Trade promotions are directed toward the intermediaries involved in the distribution process, such as wholesalers, distributors, or retailers. Trade spend is employed in trade promotion in several ways: Discounts and Special Offers: Brands often provide markdowns on their products to retailers.

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Zone Pricing Takes On A Bigger Role During The Pandemic

Retail TouchPoints

Savvy retailers are focusing more heavily on determining demand by geographic zones, using local data to inform prices, promotions and markdowns based on real-time consumer behavior. If you look at grocery stores as an example, many retailers were forced to sell eggs at a loss because their wholesale costs increased dramatically.

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In The Style names influencer as first creative director

Retail Gazette

However, it experienced “challenging” trading in January and February, which resulted in high levels of markdown and a reduction in wholesale demand. The online fashion retailer had launched a strategic review in December, led by investment bank Lincoln International.