Retail TouchPoints

OCTOBER 16, 2023

But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success. And by taking an integrated approach to pricing, promotions and markdowns, retailers can use a holistic data-driven strategy that uses the same science and is measurable for all teams.

Markdowns 316

Markdowns Promotions Merchant Services Marketing 316

Retail TouchPoints

OCTOBER 15, 2021

But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base. Products that are sized 18 and above and available in the UK only account for 14% of the total market. If you look at this process, there’s a lack of relatability,” Orschell noted.

Consumer 290

Consumer Merchant Services Markdowns Fulfillment 290

Retalon

MAY 10, 2024

We refer to these as Merchant-driven organizations. At home, the gift budget may need to be significantly higher in December than in January to account for holidays. Previous commitments In the fashion industry, for instance, it’s common to plan and commit to certain expenditures well in advance.

Planning 41

Planning Markdowns Merchant Services Payment Services 41

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

AUGUST 2, 2019

Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). Prices (markdowns, promotions, competitor prices, etc.). Predictive analytics systems go beyond traditional forecasting by letting you unify processes within your business.

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retail Prophet

JULY 18, 2022

Soon, merchants everywhere began to experience what many thought could only happen in third-world economies and banana republics – panic buying, empty shelves and bottomless backlogs to fill them. But in the process also opened global consumer markets to risks that would make the cotton collapse of 1861 look like a picnic.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59