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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

Because of efforts to address this mismatch of product and real-world sizing, Coresight Research estimates that the value of the extended-size market for women will grow to $32.3 this year alone, representing approximately 21% of the total women’s apparel market. billion in the U.S. But it’s not just about listening; it’s about action.

Consumer 289
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How to Forecast Demand in Retail (2020)

Retalon

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?

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Key Tips for Leveraging Personalization in the Retail Industry

Retalon

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. The upside is, loyal customers may be more favorable toward product recommendations that take their personal preferences into account. This is the level of exclusivity their customers expect and prefer.

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Personalization vs. Consistency in the Retail Customer Experience

Retalon

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. The upside is, loyal customers may be more favorable toward product recommendations that take their personal preferences into account. This is the level of exclusivity their customers expect and prefer.