Retalon

APRIL 21, 2021

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs. Will you deny returns at a store level?

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 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. Your return/exchange policy should be comparable to other retailers in your area that sell what you sell. Don’t wait too long to take a markdown. 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. Your return/exchange policy should be comparable to other retailers in your area that sell what you sell. Don’t wait too long to take a markdown. Light your window displays at night.

Returns 83

Returns Cross Merchandising Promotions Marketing 83

Retalon

SEPTEMBER 11, 2020

Inventory — even above real estate, merchandising or advertising — is the biggest investment retailers make. That’s why retail key performance indicators are dominated by inventory-based metrics like Gross Margin Return on Investment and In Stock Percentage. Woman look at the stock market data on computer monitor.

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Retail Adventures

AUGUST 16, 2022

Place carts and baskets in key locations throughout the sales floor, not just near the door. Spinner racks located near the cash wrap work, too. These signs make it easy for shoppers to locate what they came in to buy. Increase your advertising and marketing efforts. People tend to stop shopping once their hands are full.

Markdowns 52

Markdowns Advertising Planning Cross Merchandising 52

Retail Adventures

OCTOBER 22, 2020

Place carts and baskets in key locations throughout the sales floor, not just near the door. Spinner racks located near the cash wrap work, too. These signs make it easy for shoppers to locate what they came in to buy. Increase your advertising and marketing efforts. People tend to stop shopping once their hands are full.

Markdowns 98

Markdowns Advertising Planning Cross Merchandising 98

Retalon

AUGUST 5, 2020

Retailers must maintain a healthy In-Stock Percentage for every product at every store, in order to avoid out-of-stocks, lost sales, failed promotions, and costly markdowns. Gross Margin Return on Investment is the ratio between gross margin dollars and the average inventory costs. This avoids markdowns that cut into profit margins.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41