Wiser
APRIL 10, 2023
For example, an ice cream shop might offer other treats like frozen yogurt, cookies, or candies to appeal to customers who aren’t looking for ice cream. Too wide and you’ll end up with leftover dead stock. This way you can rely on regular purchases with little worry of retaining dead stock.
Inside Retail
JULY 28, 2021
The Covid-19 outbreak urged consumers to change their buying and shopping behaviors not only in Singapore but worldwide. When our founder opened his first shop in Hiroshima, lenses were shaped and polished by the hands of our store staff for individual prescriptions of our customers. What inspired you to focus on sustainability?
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Retail Next
OCTOBER 17, 2019
The way consumers are shopping has changed and many larger chains have failed to keep up with the trends. Although many analysts are speaking of a ‘retail apocalypse,’ research shows that most shoppers prefer visiting a physical store to shopping online, and prefer stores with an omni-channel presence. Final thoughts ….
Retail Gazette
JULY 12, 2023
With a smug smile you say ‘I thrifted it a while back’ This is a scene that is being played out in the bedrooms of many Gen Z shoppers as charity shops are fast-becoming the go-to destination for young shoppers, giving them access to brands they may never have been able to pick up without breaking the bank.
Retalon
APRIL 21, 2021
This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. Firstly, a BOPIS model simply pushes the optimization burden to the individual stores — as consumers tend to check individual store stock before ordering.
Retalon
NOVEMBER 2, 2021
This was possible because: Talented labor in other countries was cheaper than domestic workers Overseas factories began producing high-quality products at lower prices Consumers wanted goods to be equally attainable for all financial classes Increased margins allowed retailers to stock more inventory and carry larger assortments.
Retail Prophet
JULY 18, 2022
Most companies today, according to Thorbeck, are accounting only for the front-end advantage that low cost might afford them. The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. Risks, he says, that make businesses far less competitive.
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