Remove 2018 Remove Customer Experience Remove Fulfillment Remove Markdowns
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Marks & Spencer’s Turnaround Strategy, Why it’s Working

Indigo 9 Digital

Marks & Spencer is in the midst of a multi-year transformation that former CEO Steve Rowe began in 2018 and it’s working. That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Marks & Spencer’s revenues last year were up 21.5%

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Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

On the other hand, another retailer might want to enhance the customer experience, so they would choose KPIs like customer satisfaction and retention. This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations.

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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! Retailers are working hard to get as close as possible to their customers, by reaching them wherever they are. Ultimately many retailers will often compete on the fulfillment strategy. Here’s the list of stores closing this year.).

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How retailers are optimizing and automating their business

Retalon

Retail is changing faster than ever, and keeping up fulfilment needs, competitive pricing, and trendy assortment is costly. Things are done retroactively or not at all, and any changes made tend to be at a category level, not a SKU level, leading to lost sales and unnecessary markdowns. Modern retailing requires a different approach.

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How RFID Powers Retail: Past, Present and Future

Retail TouchPoints

Retail companies committed to improving the customer experience have realized they need to stop relying on inventory buffers to ensure items are in stock when they need them. Additionally, it boosts sales margins and expedites returns and exchanges, making it a valuable tool for profitably improving the consumer experience.