Independent Retailer

AUGUST 19, 2022

More than two years after the global pandemic sparked supply chain chaos, shoppers are anticipating shipping delays and inventory challenges to hinder their annual retail indulgence. A Helium 10 report also found that the shopping excitement will be high for Halloween 2022, as well as Black Friday and Cyber Monday.

Shipping 85

Shipping Merchant Services Consumer Returns 85

Retail TouchPoints

MARCH 14, 2023

These include not just costly shipping and processing fees but also the extra promotions or liquidations needed to move excess inventory. When it’s out of season, they have to do markdowns, so it starts a vicious cycle. of returns in 2022 were fraudulent, costing the retail industry $84.9 billion annually.

Returns 246

Returns Markdowns Fulfillment Consumer 246

Retail TouchPoints

JUNE 26, 2023

Walmart mandated that its suppliers put it on products by 2022, which has made a big impact on RFID adoption. For example, a customer can scan a 2D barcode on a package of pasta sauce and instantly view ingredients, allergens, recipes and promotions. Doesn’t that sound amazing?!

Merchant Services 277

Merchant Services Inventory Management Grocer Customer Experience 277

Retalon

NOVEMBER 11, 2021

As a result, retailers are able to optimize their inventory across all channels and locations to avoid potential lost sales and unnecessary markdowns. Ship-to-home, store-to-store, pick-up at the warehouse, and BOPIS are just a few popular options. Why invest in pricing and promotions? Billion in 2021 according to Gartner.

Fulfillment 41

Fulfillment Markdowns Promotions Shipping 41

Retalon

FEBRUARY 15, 2022

Price elasticity of demand, meaning the effect that a set price will have on demand, is an important consideration when setting prices, running promotions, or markdowns. Changes made by competitors Changes in geodemographics Changes in promotional calendars and strategies Changes in seasonality Changes in vendor pricing.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41

Retalon

FEBRUARY 25, 2022

Whether losing sales to out-of-stocks, or facing overstocking costs and markdowns, inefficient stock replenishment has a huge impact on a retailer’s GMROI. Common factors include: Manufacturing time Packaging and shipping time Lead time Processing time at the warehouse Customer order fulfillment Allocations Promotions.

Inventory Management 47

Inventory Management Fulfillment Markdowns Location 47

Retalon

DECEMBER 8, 2021

How, when, and where the customer prefers to experience their product fulfillment affects the sourcing and shipping decisions. Order fulfillment can get very expensive if a retailer is constantly shipping inventory from low-demand locations to high-demand locations. Customer preference (fulfillment). Order Processing.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41