Remove 2014 Remove Management Remove Markdowns Remove Planning
article thumbnail

Good, better, best: How Myer is winning during the ‘shift to thrift’

Inside Retail

Last month, the department store reported its highest interim profit since 2014. You’ll probably have to adjust margins to implement this model effectively, and it’s likely that the ‘better’ offer will end up being the largest seller, so plan your orders accordingly. And you’ll need a pre-planned mechanism to achieve that.

article thumbnail

Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Source: Bloomberg "[Forever 21] has lost much of the excitement and oomph which is critical to driving footfall and sales and is now something of an also-ran which is too easily overlooked," said Neil Saunders, the managing director of GlobalData Retail. The expansion was planned even though Forever 21’s sales were flat in 2016.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Shane Co. Increases Sales by 20% While Significantly Reducing Inventory

Retalon

New York, NY (PRWEB) October 20, 2014. the largest privately owned jewelry retailer in America, has implemented Retalon’s Inventory and Assortment Management solution to maintain product assortment and inventory levels across all channels. Retalon helps us manage them more quickly and accurately than we ever could before.”

Jewelry 32
article thumbnail

Shane Co. Increases Sales by 20% While Significantly Reducing Inventory

Retalon

New York, NY (PRWEB) October 20, 2014. the largest privately owned jewelry retailer in America, has implemented Retalon’s Inventory and Assortment Management solution to maintain product assortment and inventory levels across all channels. Retalon helps us manage them more quickly and accurately than we ever could before.”

Jewelry 32
article thumbnail

How RFID Powers Retail: Past, Present and Future

Retail TouchPoints

In fact, according to a recent Accenture study , 92% of the 50 North American retailers surveyed said they are either piloting RFID or have reached full adoption, up from 34% in 2014. The lack of digitization in the supply chain coupled with unpredictable demand makes inventory management chaotic at best. RFID and Beyond.