Remove Accessories Remove Accounting Remove ATS Remove Dead-Stock
article thumbnail

Retail Assortment Strategies: What Are They & How Do They Work?

Wiser

Too wide and you’ll end up with leftover dead stock. Successful retail assortment strategies will take many different factors into account, such as customer base, location, store capacity, etc. They mostly just sell shoes and shoe accessories, but they offer many variations and have a whole store built around this.

article thumbnail

Behind the evolution of 107-year-old Japanese eyewear brand Tanaka Optical

Inside Retail

The founder was an ambitious entrepreneur who opened one of the first professional optical stores in Hiroshima at that time. SW: At Tanaka, we seek to serve our treasured customers with the joy of seeing and the pleasure of being seen through our intimate eyewear recommendations. What inspired you to focus on sustainability?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Highly Effective Retail Markdown Strategies that Work in 2021

Retalon

And since most markdowns are not planned for in advance (or at least accounted for in the pre-season planning stages), they frequently drain profits considerably more than they have to. A markdown is a permanent price decrease for a product that is at the end of its lifecycle (or “seasonality”).

article thumbnail

Jason & Scot Show Episode 265 – News, retailer earnings, and listener questions.

Retail Geek

Jason: [1:07] Yeah I heard him he did a small raise this week did you you get the details of that at all. Scot: [1:15] I did and you know in the The Venture Capital World which I am. Scot: [7:50] A couple fun facts so this is their second biggest acquisition, the only one bigger than this one was Whole Foods 13.7

article thumbnail

Jason & Scot Show Episode 296 – Guardian Baseball Co-Founder Matt Kubancik

Retail Geek

Matt: [2:05] No not at all actually spent six months in in college dropped out was one of the original I started selling on eBay 1999. Started selling fashion and store stock Closeouts Retail Arbitrage early days of eBay and then when I was 18 years old. You know we run it at like 750 to 1,000 a day where I would consider a more like.