Remove 2019 Remove Accounting Remove Dead-Stock Remove Planning
article thumbnail

Behind the evolution of 107-year-old Japanese eyewear brand Tanaka Optical

Inside Retail

We have been aiming to deepen our understanding of local customers in Singapore and learn about local business models after acquiring Flo in September 2019. IR: Do you have expansion plans in the pipeline? What has the company planned post Covid-19? That’s how we have found Flo. SW: As a matter of fact, we do!

article thumbnail

7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. Last minute markdowns that offload stock at a loss. There is constant manual intervention, this may be transferring inventory between stores or ordering new stock. What is bad inventory called day-to-day?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Online Hacks to Boost Local Footfall to Your Store

Retail Next

So far in 2019, Macy’s, and even Walmart, have announced plans to close some of their stores, while Barney’s New York has filed for bankruptcy. Stocking exclusively in-store products. According to research , reviews account for 15.44 But you can go far with a little ingenuity. Putting on special in-store events.

article thumbnail

The Future of Retail in the New Era of Risk

Retail Prophet

In 1956, after almost two decades of planning, McClean’s musings became reality got when he loaded 58 metal containers in Port Newark onto the S.S. Most companies today, according to Thorbeck, are accounting only for the front-end advantage that low cost might afford them. A huge saving of time and labor, he thought.

article thumbnail

Jason & Scot Show Episode 265 – News, retailer earnings, and listener questions.

Retail Geek

Scot: [5:29] Yeah and finally had a cat that he maybe he does who knows maybe has a cat that he sits there and pets while he’s planning his next moose. Jason: [5:37] Yeah I don’t know you know people have been asking me about this in the. Jason: [10:36] I mean yeah it is funny to think about but yeah.