Retail TouchPoints

SEPTEMBER 29, 2022

But operating sustainably isn’t just about meeting consumer expectations — there are industry and business practices to fulfil too. This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Across the globe, lawmakers and government entities are introducing sustainability legislation. A Starting Point.

Fast Fashion 346

Fast Fashion Fashion Markdowns Consumer 346

Retail TouchPoints

OCTOBER 15, 2021

this year alone, representing approximately 21% of the total women’s apparel market. Products that are sized 18 and above and available in the UK only account for 14% of the total market. There is no standardization across the industry and inconsistent sizing leads to markdowns and returns. billion in the U.S.

Consumer 290

Consumer Merchant Services Markdowns Fulfillment 290

Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge. What is order fulfillment?

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retalon

MARCH 2, 2021

Destination resorts that run gift shops must account for occupation rates in their hotels as well as weather. . What fulfillment methods are you offering? This has been the typical ineffective approach fashion and apparel retailers have taken for decades. For instance, . What are your customer profiles? Do you run promotions?

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retail Minded

FEBRUARY 24, 2022

As ecommerce continues to boom, it has reinforced the need for retail brands to strengthen their online fulfilment and shorten click-to-customer cycle times. That worked great when you knew the demand to fulfil ahead of time. Fulfilment processes in the warehouse need to be flexible. 3 : SUPPLY CHAINS NEED TO BE MORE AGILE.

Fulfillment 111

Fulfillment Markdowns Specialty Retailers Consumer 111

Retalon

SEPTEMBER 1, 2020

Fixing the problem through stock rebalancing or price markdowns will be expensive. Retailers need to also account for new products impacting the sales of other SKUs through product demand cannibalization. Without a solid demand forecast, you risk misallocating inventory and missing your revenue targets while watching turns collapse.

Promotions 41

Promotions Markdowns Inventory Management Accounting 41

Retalon

SEPTEMBER 11, 2020

In order to understand how to take full advantage of this new technology, we will first explain what demand forecasting actually is, the most common methods of demand forecasting in retail, key constraints that need to be accounted for, and modern examples of accurate demand forecasting. What is Demand Forecasting?

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41