M19 Retail

MARCH 17, 2021

MIAMI, FLORIDA March 17, 2021 – Mi9 Retail, the number one vendor for tier one retailers (RIS 2021 Software Leaderboard) that enables them to automate and optimize merchandise management and demand planning, is pleased to announce the release of its new merchandise management mobile application (MMA). About Mi9 Retail.

Inventory Management 40

Inventory Management Management Markdowns Planning 40

M19 Retail

APRIL 14, 2021

The multiplication of choices induced by this model translates into a drop in productivity of the physical store space and an increase in markdowns at the end of the season to sell unsold products. This complexity requires more planning effort than only large data analysis and algorithms using artificial intelligence can help manage.

Point of Sale 52

Point of Sale Management Markdowns Accounting 52

Indigo 9 Digital

FEBRUARY 28, 2023

Both of these stars have been seen modelling Fashion Nova clothing on their own Instagram accounts and Cardi B also has her own Fashion Nova clothing line. Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. But stores will continue to play an important role in Zara’s strategy.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

FEBRUARY 14, 2022

The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost. These variables, along with pricing and vendor lead times make planning demand very difficult. This means they can’t markdown their products without devaluing the brand. Brand Image.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Retalon

APRIL 14, 2021

Creating a product assortment strategy is necessary for retailers to have a holistic, long-view plan of their business. And it needs to fit into your retail planning process to ensure you’re still hitting your financial and inventory targets. Account for changing consumer behaviour and preferences.

Markdowns 41

Markdowns Planning Location Accounting 41

Retalon

JUNE 18, 2019

Promotion planning is a constant balancing act. The math needed to account for these effects is hard enough. Multiply that effort by the hundreds, or thousands, of promotions you run every year and the workload quickly balloons beyond the capacity of any planning team. Sometimes, that will mean a focus on increasing sales.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Retalon

APRIL 27, 2021

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. Online sales now account for more than 20% of total retail sales.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retail Prophet

JULY 18, 2022

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.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59

Retalon

APRIL 21, 2021

This means that optimizing your fulfillment across all channels requires building a holistic process that takes your specific company policies and labour considerations into account, while still finding the cheapest and fastest method for fulfilling omnichannel orders (while keeping your customers happy) — for every order.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

AUGUST 2, 2019

Prices (markdowns, promotions, competitor prices, etc.). Unifying Big Data across Forecasting, Planning, and Operations. Because retailers can’t afford to lose money because inventory purchases didn’t account for future promotions, business leaders imposed processes to keep everyone on the same page. Demand forecasts.

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retalon

AUGUST 16, 2019

You can better plan for stocking of inventory at warehouses and retail locations and optimize the fulfillment process for online and mobile orders. Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. Also, you really can’t avoid the question of competition.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

SEPTEMBER 22, 2021

Major retailers survived 2020 by transforming how they got their products into customers’ hands. Demand forecasting, Inventory planning, POS systems, and every other supply chain process will need to support BOPIS fulfillment. And inventory classifications must expand to account for inventoried products that have been picked for BOPIS.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41