Retalon

SEPTEMBER 24, 2020

At first look, it may seem like the Covid-19 pandemic (and the limitations it has placed on brick and mortar operations) has been responsible for fashion’s digital transformation in 2020 (e.g. A major issue that retailers face, which has recently been spotlit by the pandemic, is overstock of inventory due to difficulty in forecasting demand.

Fashion 41

Fashion Customer Retention Inventory Management Management 41

Retalon

AUGUST 5, 2020

Most Important KPIs for the Retail Industry in 2020. Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Inventory Turnover Ratio 3. Customer Lifetime Value Benchmark Example. In-Stock Percentage 2. In-Stock Percentage. DOWNLOAD OVERVIEW.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

Retail Times

MARCH 29, 2021

Retail Dive reports that in 2020, Bed Bath & Beyond converted 25% of its stores into fulfillment centers and shipped 36% of online orders from its brick and mortar stores. Improve customer satisfaction. Speedy order fulfillment leads to happier customers, which ultimately increases customer retention, loyalty, and lifetime value.

Shipping 59

Shipping Fulfillment Inventory Management Location 59