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Top 4 Strategies to Maximize Your Sales During A Recession (2023)

Retalon

The average holiday shopping duration among consumers in the US has gone from an average of 7.1 weeks in 2018 to an anticipated 5.8 This said luxury items tend to fare well too during a downturn because of their exposure to high-income consumers, less affected by recessions. weeks in 2022 according to Statistica. The upside?

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

Retalon

In 2018 retail giant H&M disclosed that they had $4.3 Raw materials are destroyed, and a huge amount of energy is consumed when producing and moving products across the world. So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world.

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

Retalon

In 2018 retail giant H&M disclosed that they had $4.3 Raw materials are destroyed, and a huge amount of energy is consumed when producing and moving products across the world. So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. While many argue Forever 21’s demise is due to a more socially conscious consumer fast fashion retailers are as popular as ever. By 2018 Forever 21’s online sales were only 16% of total sales. and ultimately profitability.

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Coach joins Burberry and Gucci in dropping fur products

Retalon

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? And how can retailers determine and account for the shifts in demand that follow? Retalon’s solutions are built one unified platform to account for all factors influencing your business. What products might also see an uplift?

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Coach joins Burberry and Gucci in dropping fur products

Retalon

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? And how can retailers determine and account for the shifts in demand that follow? Retalon’s solutions are built one unified platform to account for all factors influencing your business. What products might also see an uplift?

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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. Bottom line and customer experience suffer when consumers are forced to wait for shelves to be restocked or hunt for sold-out stock at a different location.