Retail TouchPoints

JULY 18, 2023

As part of the new multiyear agreement — which builds upon a partnership that started in 2016 — Academy will use the Revionics Base Price and Markdown solutions to not only optimize its pricing strategy but better manage inventory levels throughout the product lifecycle.

Outdoor 172

Outdoor Markdowns Apparel Fulfillment 172

Retalon

OCTOBER 24, 2023

This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. In 2018 retail giant H&M disclosed that they had $4.3

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

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. Like Sears and Neiman Marcus, Forever 21 simply did not react to changes in the market fast enough.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Wiser

NOVEMBER 16, 2016

E-commerce sales revenue for the 2016 holiday season is expected to reach almost $95 billion. While there is no guarantee that these pricing strategies will be repeated for the 2016 holiday shopping season, you now have a view of what you might expect from these retailers in the coming weeks.

Promotions 60

Promotions Markdowns Shopping Planning 60

Retalon

FEBRUARY 14, 2022

This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. In 2018 retail giant H&M disclosed that they had $4.3

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Retalon

FEBRUARY 13, 2018

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. connecting marketing with merchandising).

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

SEPTEMBER 13, 2015

For example, one retailer might want to manage their inventory better, so they would use KPIs like inventory to sales ratios or inventory integrity. This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. In-Stock Percent.

Markdowns 32

Markdowns Promotions Customer Experience Fulfillment 32