Retail Adventures

OCTOBER 22, 2020

Making the Golden Quarter work for you requires careful planning that, but even if you haven’t laid the groundwork for a big finish throughout the year, you can still reap the benefits of a solid holiday season. This year consider the following in your Golden Quarter planning: 1. Both of these retailers offer good plans.

Markdowns 98

Markdowns Advertising Planning Cross Merchandising 98

Retalon

FEBRUARY 13, 2018

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. trillion annually. Key Takeaways.

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Markdowns Inventory Management Promotions Accounting 32

Retalon

JUNE 11, 2021

In a 2018 report , Gartner, Inc. While optimizing a retail supply chain for efficiency and reduction of waste requires careful planning and consideration, machine learning and predictive analytics technology have changed the rules of the game. This is a misconception.

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Fulfillment Drop-Shipping Markdowns Returns 41

Retalon

NOVEMBER 19, 2018

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? Adrian is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. What products might also see an uplift?

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Markdowns Fashion Inventory Management Accounting 32

Retalon

NOVEMBER 19, 2018

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? Contributed by Adrian Silipo is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. Learn more at retalon.com.

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Markdowns Fashion Inventory Management Accounting 32

Retail Next

MARCH 3, 2020

Last year (2019) was undoubtedly the most eventful yet, with a number of major global players announcing plans to reduce the amount of plastic they use and make their packaging more recyclable, including Procter & Gamble, PepsiCo, Nestlé , Unilever , Aldi and Walmart , just to name a few. Offsetting.

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Markdowns Inventory Management Consumer Shipping 64

Retalon

FEBRUARY 13, 2018

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. trillion annually. Key Takeaways.

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Markdowns Inventory Management Promotions Accounting 32

Retalon

SEPTEMBER 13, 2015

This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. In-Stock Percent. Every retailer aims to minimize the amount of out-of-stocks in their stores, so a particularly useful KPI is in-stock percent. Promotion Lift.

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Markdowns Promotions Customer Experience Fulfillment 32

Retalon

OCTOBER 20, 2014

.” Retalon’s Assortment Diversification solution is part of the integrated platform designed to effectively manage inventory, build executable merchandise and assortment plans and optimize price and markdown strategies for retail businesses. ” About Retalon. . ” About Retalon.

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Jewelry Inventory Management Markdowns Management 32

Retalon

OCTOBER 20, 2014

.” Retalon’s Assortment Diversification solution is part of the integrated platform designed to effectively manage inventory, build executable merchandise and assortment plans and optimize price and markdown strategies for retail businesses. ” About Retalon. . ” About Retalon.

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Jewelry Inventory Management Markdowns Management 32

Retalon

MARCH 4, 2019

Modern retailers take advantage of advanced retail predictive analytics planning solutions. With multiple plans, and several levels of planners, plans may go through lots of re-consolidations, merging, and adding up to the “master plan”. This means that changes to plans are very cumbersome. Inventory Management.

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Inventory Management Markdowns Planning Fulfillment 32

Retalon

JULY 4, 2018

If you’re a retailer reading this in 2018, you need to pat yourself on the back! A Forrester research team surveyed retailers on what they plan to implement to support fulfillment efforts. Here’s the list of stores closing this year.). We’ve been talking about this for a while, and now retailers are feeling it.

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Promotions Fulfillment Shipping Markdowns 32

Retalon

DECEMBER 22, 2014

How much extra inventory should be ordered for planned promotions? What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? Super bowl in your city)? How do you price and allocate new products with no history?

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Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

DECEMBER 22, 2014

How much extra inventory should be ordered for planned promotions? What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? Super bowl in your city)? How do you price and allocate new products with no history?

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Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

NOVEMBER 29, 2014

Many retailers are already set up to reach their customers, what they need is a smart fulfillment strategy that will have the inventory in place in advance to avoid unnecessary transfers, and markdowns. The only way to achieve this feat is to accomplish all of this proactively. How do you build a smart fulfillment strategy? 1] [link]. [2]

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Retail TouchPoints

FEBRUARY 12, 2021

RFID is also being extended for item-level identification as part of future-forward innovation plans, such as the adoption of blockchain for increased transparency. Many will also need to speed up digital transformation plans in order to adapt to?consumer consumer reliance on ecommerce, in-store pickup, and self-checkout.?.

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Fulfillment Markdowns Inventory Management Customer Experience 243

Retalon

JULY 15, 2019

Not only do overstock situations force retailers to markdown inventory at the end of a season at slim-to-no profit margins, but it also takes up physical space in stores warehouses, accruing carrying costs, and ties up extra cash that could be used towards advancing business goals. 6. Buying and assortment planning.

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Markdowns Promotions Inventory Management Planning 32