Remove 2002 Remove Location Remove Markdowns
article thumbnail

Rack Room Shoes names chiefs of digital, merchandise

Retail Dive

The retailer acquired Off Broadway Shoe Warehouse in 2002, and has since grown to 520 retail locations, all but 45 of them under the Rack Room banner. It could be an attempt to broaden revenue streams, plot the location of a future store or, at its simplest, take advantage of a good deal. Please select at least one newsletter.

article thumbnail

Predictive Analytics Brings Retailers Closer To Omni-Channel Customers

Retalon

Opening new stores can be expensive and risky, which is why many retailers have began connecting with their customers through Facebook, mobile apps, e-commerce stores, and pop-up/kiosk locations. Usually by purchasing more inventory they already have in other locations, or marking down inventory that is selling too slow.