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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 The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. 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.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

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.

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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 The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. 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. Incentives.

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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

The problem stems from business intelligence, buyer intuition, or company targets lacking the ability to account for all factors that affect demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. connecting marketing with merchandising). Key Takeaways.

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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?

article thumbnail

Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

The problem stems from business intelligence, buyer intuition, or company targets lacking the ability to account for all factors that affect demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. connecting marketing with merchandising). Key Takeaways.