Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. Richard Maicki.

Drop-Shipping 183

Drop-Shipping Merchant Services Fulfillment Shipping 183

Retail TouchPoints

MAY 28, 2020

in Q1 2019. While the retailer incurred additional expenses from associate bonuses and other COVID-19-related expenditures, Dollar General was able to reduce markdowns, on top of benefiting from increased purchase volume. Same-store sales differed by chain: Family Dollar increased 15.5% , but Dollar Tree declined 0.9%

Markdowns 131

Markdowns Discount Store Finance Apparel 131

Retail Adventures

AUGUST 25, 2021

Store Operations 27. Don’t wait too long to take a markdown. The Litmus survey from 2019 found email marketing delivered a 4,200 percent return on investment or $42 for every $1.00 Keep a stash of frequently forgotten items at the cashwrap. Now, when a customer says, “I forgot to get _, I’ll get it next time.”

Returns 83

Returns Cross Merchandising Promotions Marketing 83