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

What inspired us to be more accountable for sustainability is from the core of our business, that is based on the traditional format of the optical retail business rather than the fast-fashion optical business format. Thus, we don’t need to rely on mass production of trend-led products and excessive dead stocks after the trend is over.

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. Markdowns are used to temporarily increase demand for low-demand products, ideally long enough to sell through all stock.

article thumbnail

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

Retail Geek

Famous Last Words I’ll probably be dead wrong I doubt so anytime you do a merger or an acquisition of this size like you do have to get regulatory approval, I kind of don’t think this is gonna be that tough because Amazon doesn’t have a lot of. [11:09] Jason: [10:36] I mean yeah it is funny to think about but yeah.

article thumbnail

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

Retail Geek

Started selling fashion and store stock Closeouts Retail Arbitrage early days of eBay and then when I was 18 years old. Matt: [11:33] Applesauce back and everything yeah I’m the Costco dead. 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.