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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. Large stores are inherently risky.

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5 REASONS OMNICHANNEL ORDER FULFILMENT IS ABOUT MORE THAN JUST SPEED…

Retail Minded

1 : CONSUMERS DEMAND SPEED, FLEXIBILITY AND CONTROL. The pandemic undoubtedly changed consumer behaviour. As consumers are increasingly demanding stronger visibility, this has rapidly become the standard of play for all brands – regardless of whether they are B2B or B2C labels. 2 : CONSUMER EXPECTATIONS ARE STRONGER THAN EVER.

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What is GMROI in Retail? (Formulas, Benchmarks, Examples)

Retalon

There are several different approaches that companies take to measuring GMROI, each based on the nuances of their unique internal accounting systems. Even amongst retailers, GMROI can be calculated slightly differently. But for internal accounting purposes, retailers may use variations of this formula to get slightly different numbers.

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