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Macy’s Leaders Answer 6 Big Questions About the Company’s Future at NRF

Retail TouchPoints

Whether that’s the algorithmic side of where to fulfill products from so that we have fewer split shipments, or making sure that we are putting the right depth, size and color basis from a geography between digital and physical so that we don’t take as many markdowns because we put the wrong product in the wrong place at the wrong time.

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Ethical fashion label Arnsdorf closes

Inside Retail

Ethical fashion label Arnsdorf has announced it will close down and has commenced a sale with markdowns to run out its inventory. Arnott temporarily closed the company in 2012 and relaunched it in 2016. “My energy is being directed to other places and it’s time to make space in my life for this.”

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Academy Sports + Outdoors Expands Revionics Partnership to Optimize Customer-Centric Pricing

Retail TouchPoints

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.

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Predicting the Holidays: Analyzing Competitor Holiday Trends

Wiser

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.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

If you can’t move all of the inventory then markdowns are required which eats into sales per sq. The expansion was planned even though Forever 21’s sales were flat in 2016. billion in 2016 to $3.1 Large stores are inherently risky. and ultimately profitability. Riley Rose stores became a money losing venture. billion in 2019.

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Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. In-Stock Percent. Every retailer aims to minimize the amount of out-of-stocks in their stores, so a particularly useful KPI is in-stock percent. Promotion Lift.

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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost. This means they can’t markdown their products without devaluing the brand. Reselling Unsold inventory is often sold at markdown prices by 3rd party resellers. Incentives A current U.S.