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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. Like Sears and Neiman Marcus, Forever 21 simply did not react to changes in the market fast enough.

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

Retail Minded

Orders need to be fulfilled in real-time, taking into account last-minute changes from the customer while keeping a close eye on cut-off times. 3 : SUPPLY CHAINS NEED TO BE MORE AGILE. Due to this, curiosities are understandably on the rise among the savviest of business decision makers. Among them?

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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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