Remove 2019 Remove Markdowns Remove Planning Remove Promotions
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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? Because better markdowns have the potential to significantly improve the traditional KPIs that supply chain teams are evaluated on.

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What are Retail Markdowns?

Wiser

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
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Guide for Unified Price, Promotion and Markdown Optimization Applications

Retalon

Getting your product pricing right is absolutely critical to customer cross-channel experience, but the promise of unified price, promotion and markdown optimization is hard to achieve. The post Guide for Unified Price, Promotion and Markdown Optimization Applications appeared first on Retalon. Market Recommendations.

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Want to Know the Holiday Season’s Top Trends? Look at Back-to-School for Insight

Retail TouchPoints

A recent Shopkick survey proposes that these behaviors are likely to continue through the holiday season: 22% of consumers plan to shop for the holiday well ahead of schedule and 25% even plan to finish their shopping by Thanksgiving, which historically has been the “official kick off” of the holiday shopping season.

ATS 299
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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Laura Illanes, a 22-year-old student at the University of South Carolina Upstate, said she gets six free pieces of clothing from Shein each month for promoting the brand to her 36,000 Instagram followers. Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. billion in 2019.

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Gartner Hype Cycle for Retail Technologies 2018

Retalon

Unified Merchandise Planning. Unified Price, Promotion and Markdown Optimization. Entering the Plateau. Algorithmic Merchandise Optimization. Appendixes. Hype Cycle Phases, Benefit Ratings and Maturity Levels. Gartner Recommended Reading. The post Gartner Hype Cycle for Retail Technologies 2018 appeared first on Retalon.

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Retail AI & Predictive Analytics Blur the Line between Bricks and Clicks

Retalon

From there, you can start to examine competitive pricing and promotions, forecast demand with fulfillment in mind, as well as brand building through social efforts that engage your audience. – Merchandise, Assortment, and Store planning. – Promotions, event and markdowns. – Promotional media performance.