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Behind the evolution of 107-year-old Japanese eyewear brand Tanaka Optical

Inside Retail

It operates more than 100 stores in Japan, manufacturing and marketing spectacles, contact lenses and hearing aids as well as selling other optical goods. IR: How has the optical market evolved since you launched your business? IR: Can you tell us what it was like to launch a new store during the pandemic?

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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.