Retail Focus

JUNE 16, 2021

Online retail giant The Very Group will continue to enhance its pricing strategies with DemandTec Markdown Optimisation. The post The Very Group Renews DemandTec Markdown Optimisation appeared first on Retail Focus - Retail Design.

Markdowns 147

Markdowns Accessories Planning Management 147

Wiser

APRIL 7, 2020

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry. Don’t believe us?

Markdowns 128

Markdowns Inventory Management Drop-Shipping Apparel 128

365 Retail

JUNE 16, 2021

Online retail giant The Very Group will continue to enhance its pricing strategies with DemandTec Markdown Optimisation. The post The Very Group Renews DemandTec Markdown Optimisation appeared first on 365 RETAIL | Retail News.

Markdowns 59

Markdowns Accessories Planning Management 59

Retalon

APRIL 14, 2021

What is a retail markdown strategy? A retail markdown strategy is a plan that describes when and how certain products should go on markdown. Having a markdown strategy is important because, all too often, markdowns are a kneejerk reaction to end-of-life inventories. ” What are markdowns in retail?

Markdowns 41

Markdowns Dead-Stock Promotions Bundled Pricing 41

Inside Retail

AUGUST 24, 2023

Better inventory management resulting in fewer markdowns and lower freight costs were helpful to the number. The Gap brand has long been the problem child of the group, and its relevance in the market is one of the biggest issues new management will need to tackle if they want to turn around the fortunes of the company.”

Markdowns 130

Markdowns Apparel Inventory Management Marketing 130

Retalon

OCTOBER 24, 2023

This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost. in unsold clothes and accessories?

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Inside Retail

DECEMBER 19, 2023

According to Lee, for retailers, the process of storing and managing inventory involves significant expenses such as rent for the store and warehouse, transportation costs, and labour expenses. There’s no rush for them to always get rid of any markdowns.

Fashion 130

Fashion Markdowns Apparel Fast Fashion 130