Retail TouchPoints

MAY 28, 2020

While the retailer incurred additional expenses from associate bonuses and other COVID-19-related expenditures, Dollar General was able to reduce markdowns, on top of benefiting from increased purchase volume. Unlike some other retailers , Dollar General’s selling, general and administrative (SG&A) expenses actually dropped, to 20.5%

Markdowns 134

Markdowns Discount Store Finance Apparel 134

Wiser

AUGUST 25, 2020

Log on to social media, buy advertisements, post notes on your door, and spread the word that you’re coming back. You want your merchandisers on board with your strategy and ready to enter your locations to set up any displays as shoppers come back. 4: Use Promotions and Markdowns to Move Seasonal Inventory.

Markdowns 120

Markdowns Payment Services Promotions Drop-Shipping 120

M19 Retail

MARCH 22, 2021

By incorporating weather information into their forecasts, retailers can realize annual forecast accuracy improvements of up to 30 percent for specific products, time periods, and locations. carrying costs, markdowns, shrink, etc.). Up to 70 basis points of additional profit due to increased sales and reduced inventory costs (e.g.

Markdowns 40

Markdowns Inventory Management Planning Management 40

Retalon

APRIL 21, 2021

direct-to-consumer e-commerce orders), retailers now have to worry about fulfilling orders across multiple complex channels and B&M locations. Instead of turning every B&M store into a fulfillment node, some retailers have realized massive cost savings by centralizing fulfillment to a select few locations.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

MARCH 9, 2021

Low prices leave little room for promotions or end-of-lifecycle markdowns. A retailer will give the vendor’s products advertising placement, in-store merchandising, or other consideration in exchange for a promotional allowance in the vendor’s pricing. Pricing determines your long-term profitability. Promotional pricing.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

Retail Adventures

JANUARY 1, 2024

This is especially important if your store is located in an area where people tend to walk, and areas populated with restaurants and bars. Don’t wait too long to take a markdown. Use your bag stuffers to advertise specific product, events or whatever is important that particular week. Light your window displays at night.

Promotions 52

Promotions Returns Cross Merchandising Markdowns 52

Retail Adventures

AUGUST 25, 2021

This is especially important if your store is located in an area where people tend to walk, and areas populated with restaurants and bars. Don’t wait too long to take a markdown. Use your bag stuffers to advertise specific product, events or whatever is important that week. Light your window displays at night.

Returns 83

Returns Cross Merchandising Promotions Marketing 83