Retail TouchPoints

MAY 30, 2023

The company is looking to pivot Journeys to an off-mall strategy, with 13 locations out of a planned 25 already open. This was attributed to increased markdowns at Journeys offsetting an otherwise normalized promotional environment, which led to improved margins at the other businesses. However, Journeys still accounted for 56.3%

Location 171

Location Markdowns Accounting Promotions 171

Retalon

DECEMBER 17, 2021

Typically unexpected, this situation can be extremely detrimental for retailers and also has the potential to create additional issues such as: Inventory Imbalances Overstocks Markdowns. Carefully planned, this effect can maximize sales and profits by redirecting demand. Planning for cannibalization is easier said than done.

Markdowns 41

Markdowns Promotions Consumer Fashion 41

Retail Smart Guys

JANUARY 28, 2023

How much more if you need to handle multiple stores? Going over your inventory, finances, open-to-buy planning, etc., Well, this can be true if you are not using the right approach in handling multi-store accounts. So what is this by-store location method, and how can this be beneficial for you?

Planning 52

Planning Markdowns Finance Location 52

Retail Smart Guys

FEBRUARY 14, 2023

How much more if you need to handle multiple stores? Going over your inventory, finances, open-to-buy planning, etc., Well, this can be true if you are not using the right approach in handling multi-store accounts. So what is this by-store location method, and how can this be beneficial for you?

Planning 40

Planning Markdowns Finance Location 40

Retalon

SEPTEMBER 22, 2021

Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical store operations. BOPIS, meaning Buy Online, Pickup In-Store, is an order fulfillment option that helps retailers connect their e-commerce channels with their brick-and-mortar storefronts. What is BOPIS?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41