Inside Retail

MAY 30, 2024

As Hirata remarked, “Often you can’t, that’s why brands do markdowns like discounts or sample sales, or even why inventory sometimes goes straight to the landfill.” In addition, Hirata said the company eventually plans to open permanent bricks-and-mortar locations. In fact, that’s a large part of what drew Hirata to the brand.

Markdowns 130

Markdowns Wholesale Planning Fashion 130

Indigo 9 Digital

SEPTEMBER 7, 2022

With more pricing control brands can offer more merchandise at full price, avoiding markdowns which are thought to negatively impact a luxury brand’s image. Fitting rooms also have smart mirrors that display the customer’s fashion choices and provide recommendations for other items such as accessories that will meet the customer’s needs.

Boutique 98

Boutique Fashion Customer Experience Markdowns 98

Retalon

MARCH 9, 2021

Low prices leave little room for promotions or end-of-lifecycle markdowns. Optional product pricing strategies work best with products that have associated accessories — dolls and their clothes or computers and their cables. Low prices, while more accessible, could permanently mark the product as a commodity. Optional product pricing.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

Retail Adventures

AUGUST 16, 2022

Place carts and baskets in key locations throughout the sales floor, not just near the door. Think of your cashwrap as another important display area and tastefully load it up with candles, accessories, jewelry – anything that will appeal to an impulse shopper. Spinner racks located near the cash wrap work, too.

Markdowns 52

Markdowns Advertising Planning Cross Merchandising 52

Retail Adventures

OCTOBER 22, 2020

Place carts and baskets in key locations throughout the sales floor, not just near the door. Think of your cashwrap as another important display area and tastefully load it up with candles, accessories, jewelry – anything that will appeal to an impulse shopper. Spinner racks located near the cash wrap work, too.

Markdowns 98

Markdowns Advertising Planning Cross Merchandising 98

Retalon

AUGUST 5, 2020

Retailers must maintain a healthy In-Stock Percentage for every product at every store, in order to avoid out-of-stocks, lost sales, failed promotions, and costly markdowns. Moreover, a highly accurate demand forecast helps retailers ensure they bring the right amount of inventory to the right location. Promotions Uplift.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41