Remove 2021 Remove Location Remove Markdowns Remove Planning
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Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

Target Invests in Price and Speed to Attract Shoppers Target ended Q4 with inventory 3% lower than in 2021, a sign that the retailer has managed to overcome the excesses it struggled with through the first half of 2022. during Q4, but they were up 0.6% at its flagship banner and up 5.8% during Q4, but they were up 0.6%

Markdowns 272
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5 Critical Steps to a Profitable Replenishment Plan (2021)

Retalon

An effective replenishment plan will drive profit. There is an age old saying, and it goes like this: “you don’t plan to fail, you fail to plan.” ” And what can be easier than planning replenishment? All you need to do is plan to replenish the products that you sell out of.

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5 Key Questions to Improve Your Assortment Plans (2021)

Retalon

Critical Considerations for Retail Assortment Plans. A retailer’s assortment planning process can make or break their selling season (or even their entire fiscal year). But if you manage to predict consumer demand accurately and plan your assortment accordingly — you’ll rake in the profits. What is assortment planning?

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How to Effectively Balance Inventory Across All Locations (2021)

Retalon

An inaccurate forecast, unpredictable changes to consumer preferences, shifts in the competitive landscape, or major economic events can all completely throw your planning and purchasing off-track, leaving you with major inventory distortions despite your best plans. What is inventory balancing?

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5 Seasonal Merchandise Best Practices (2021)

Retalon

Seasonal merchandise planning carries a unique challenge for retailers, as product life cycles are measured in weeks or even days. . This is a problem because retailers plan their inventory months in advance — having almost no window to react to out-of-stocks or an unexpected up-lift in demand.

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Mejuri Leverages Real-Time Profitability Data to Inform Decision-Making

Retail TouchPoints

Mejuri sells through multiple channels, including ecommerce, call center and physical store locations, processing orders for fulfillment across multiple locations and a variety of shipping methods. Retailer Plans to Use Solution Across Multiple Channels.

Markdowns 188
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How to Build a Highly Profitable Product Assortment Strategy (2021)

Retalon

Creating a product assortment strategy is necessary for retailers to have a holistic, long-view plan of their business. It needs to be relevant to the current (and upcoming trends), as well as sensitive to the unique geo0demographics of your channels and locations. Don’t use the same product assortment across all locations.