Retail Minded

AUGUST 27, 2022

The never-before-seen surge in online shopping. Stockouts were disastrous for retailers during the pandemic – up by 250% (Adobe, 2021) – and with 37% of consumers saying they’d simply shop elsewhere if they couldn’t find what. Even returns are up – reaching 16.6% in 2020 (National Retail Federation).

Merchant Services 98

Merchant Services Drop-Shipping Markdowns Planning 98

Independent Retailer

SEPTEMBER 5, 2022

Stockouts were disastrous for retailers during the pandemic, up by 250 percent — and with 37 percent of consumers saying they would simply shop elsewhere if they could not find what they wanted, the general mood was one of impatience. Even returns are up, reaching 17 percent in 2021 from 11 percent in 2020. The result?

Drop-Shipping 89

Drop-Shipping Markdowns Planning Returns 89

Indigo 9 Digital

SEPTEMBER 7, 2022

Then the COVID-19 pandemic hit and consumers around the world were forced to shop online sending digital sales to levels never seen before. While the shift towards selling luxury goods online took place before 2020, the pandemic cemented a new way forward. It’s a test and learn approach.”.

Boutique 98

Boutique Fashion Customer Experience Markdowns 98

Retalon

JUNE 11, 2021

And retailers are rushing to offer new fulfillment options, like “buy online, pick up in-store” (BOPIS), curbside pickups, cashless checkouts, drop-shipping, mobile shopping and more. Increased Carbon Footprint: The shift to “next-day” e-commerce has increased the logistics associated with fulfilling an order and accepting returns.

Fulfillment 41

Fulfillment Drop-Shipping Markdowns Returns 41

Retalon

APRIL 27, 2021

Advanced analytics has the capacity to integrate every channel of a multi-channel business into its forecast to maximize the return on promotion investments. In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns. Retail AI can apply this process when customers return their purchases.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retail Adventures

AUGUST 25, 2021

BOPIS (Buy Online Pickup In Store) and curbside pickup will continue to expected standards of operation because customers love the ease of shopping. Add additional conveniences such as personal shopping services, both in person and virtually, and your store will stand out among competitors. Don’t risk it. Windows that Wow 3.

Returns 83

Returns Cross Merchandising Promotions Marketing 83

Retalon

APRIL 21, 2021

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs. Will you deny returns at a store level?

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retail Adventures

OCTOBER 22, 2020

2020 Dates to Remember: This year Black Friday is on November 27, Cyber Monday is November 30, Small Business Saturday is November 28, and the biggest shopping day of the holiday season will be December 19, the Saturday before Christmas. Of course, your store will be open for shopping with real money after the auction ends.

Markdowns 98

Markdowns Advertising Planning Cross Merchandising 98

Retalon

APRIL 14, 2021

Deep assortments can appeal to a smaller, more passionate customer base that spends more and returns regularly. Consumers’ tastes in fashion change with the seasons and where they shop changes over the course of years. 5 Highly Effective Retail Markdown Strategies that Work in 2021. December 9, 2020. April 26, 2021.

Markdowns 41

Markdowns Planning Location Accounting 41

Retalon

SEPTEMBER 22, 2021

Major retailers survived 2020 by transforming how they got their products into customers’ hands. Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. How does BOPIS work?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retalon

AUGUST 20, 2019

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retail Adventures

AUGUST 16, 2022

This year start your Golden Quarter planning now: 2022 Dates to Remember This year Black Friday is on November 25, Small Business Saturday is November 26, Cyber Monday is November 28, and the biggest shopping day of the holiday season will be December 17, the Saturday before Christmas. People tend to stop shopping once their hands are full.

Markdowns 52

Markdowns Advertising Planning Cross Merchandising 52

Retail Geek

FEBRUARY 28, 2023

Jason: [2:00] Social shopping exactly and so it’s super interesting and they’re doing really well so they launched an e-commerce site in the u.s. Down so everybody saves more when you all by together kind of thing so it’s a. Scot: [1:58] Okay group buying used to be called back in the day. percent so. [31:38]

Apparel 52

Apparel Drop-Shipping Social Commerce Shipping 52