Remove 2018 Remove Accounting Remove Location Remove Markdowns
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Top 4 Strategies to Maximize Your Sales During A Recession (2023)

Retalon

weeks in 2018 to an anticipated 5.8 Mark it down…strategically Markdowns are generally part of any product’s life cycle. So, if you have a ton of inventory and markdowns are a must, then the key is to sell it while making the most profit possible. Instead, prioritize strategic markdowns.

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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

Retailers carry tens or hundreds of thousands of SKUs, far too many for buyers to accurately forecast every product at each channel/location. The problem stems from business intelligence, buyer intuition, or company targets lacking the ability to account for all factors that affect demand. Key Takeaways.

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Coach joins Burberry and Gucci in dropping fur products

Retalon

Are the right products in stock at the right locations/channels to support the shift in demand? 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? What products might also see an uplift?

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Coach joins Burberry and Gucci in dropping fur products

Retalon

Are the right products in stock at the right locations/channels to support the shift in demand? 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? What products might also see an uplift?

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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

Retailers carry tens or hundreds of thousands of SKUs, far too many for buyers to accurately forecast every product at each channel/location. The problem stems from business intelligence, buyer intuition, or company targets lacking the ability to account for all factors that affect demand. Key Takeaways.

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Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

All costs associated with the transfer — from logistics and store capacity to demographic diversity and the sizes and colors most likely to sell at the specific location — are incorporated automatically. In-Stock Percent. But for most retailers, the restocking process doesn’t begin until inventory starts to run low at a specific store.

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Predictive Analytics Brings Retailers Closer To Omni-Channel Customers

Retalon

If you’re a retailer reading this in 2018, you need to pat yourself on the back! These tools are not able to account for new products, categories, and markets, or used & exchanged items, let alone suggest accurate and tangible actions going forward. Here’s the list of stores closing this year.).