Remove 2020 Remove Location Remove Markdowns Remove Store Operations
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DICK’S Sporting Goods Launches New Outlet And Clearance Banners

Retail TouchPoints

DICK’s will open eight stores carrying the two new banners, giving the retailer a total of 11 outlet and clearance centers across nine states. OVERTIME by DICK’S Sporting Goods locations will offer an assortment of apparel, footwear and equipment at up to 75% off. Spartanburg, S.C. and Racine, Wis.

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Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status

Retail TouchPoints

The COVID-19 pandemic has divided the discount vertical: Essential retailers such as Dollar General and Dollar Tree , which were able to keep most stores open, posted strong sales gains, while The TJX Companies and Ross Stores , which were deemed non-essential, reported significant losses. of net sales in Q1 2020, compared to 23.1%

Markdowns 132
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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Buy Online, Pickup In-Store (BOPIS) retail strategies offer enormous upside for retailers and customers alike. Major retailers survived 2020 by transforming how they got their products into customers’ hands. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. What is BOPIS? Saves time and money.

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50 MORE Ideas to Spin the Doors on Your Stores!

Retail Adventures

Now, potential customers can easily get in touch or check your website even when your store isn’t open for business. This is especially important if your store is located in an area where people tend to walk, and areas populated with restaurants and bars. Store Operations 27. Don’t wait too long to take a markdown.

Returns 83
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How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success

Retail TouchPoints

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.