Wiser

APRIL 7, 2020

Altering your price, particularly through markdowns, can be a smart strategy, but only if done correctly. Unsuccessful or excessive markdowns can lead to staggering losses in terms of missed revenue and a lower margin on your goods. What are Retail Markdowns? How to Implement a Markdown Strategy. Don’t believe us?

Markdowns 128

Markdowns Inventory Management Drop-Shipping Apparel 128

Indigo 9 Digital

FEBRUARY 28, 2023

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. Shein is vertically integrated allowing it to go from design to shipping in as little as three days.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Indigo 9 Digital

SEPTEMBER 1, 2022

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%

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Retail Next

MARCH 3, 2020

Furthermore, the ever-growing frequency of markdowns also causes overstocking, further exacerbating the problem. In 2018, the sustainability consulting agency Futerra did research which showed that nearly 90 percent of USA and UK consumers would like for brands to help them be more environmentally conscious and friendly. (The

Markdowns 64

Markdowns Inventory Management Consumer Shipping 64

Retalon

JULY 4, 2018

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. Predictive analytics makes adopting strategies like ship-from-store a breeze.

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Retail Adventures

OCTOBER 22, 2020

If you don’t want the hassle of shipping, then go the BOPIS route: Buy Online Pickup In Store – customers love curbside. This includes scent marketing, the music you play on the sales floor, demos, even what your associates wear. Increase your advertising and marketing efforts. Be prepared for markdowns and returns.

Markdowns 98

Markdowns Advertising Planning Cross Merchandising 98