Inside Retail

APRIL 17, 2023

All that combines to shift the mindset of consumers to what we call ‘mindful consumption’. Last month, the department store reported its highest interim profit since 2014. Tread carefully because markdowns will bite hard if you misjudge stock weights. But the effects on people’s wallets will be felt for months to come.

Department Stores 246

Department Stores Markdowns Boutique Supermarket 246

Retail TouchPoints

JUNE 26, 2023

Consumers want more information about the products they buy, and retailers want more visibility into the products their customers buy. And in 2014, Inditex SA, which owns fast-fashion giant Zara, implemented RFID to effectively track all its products at every step in the process. Who doesn’t want that? Doesn’t that sound amazing?!

Merchant Services 262

Merchant Services Inventory Management Grocer Customer Experience 262

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98