article thumbnail

Top 5 markdown actions to take to dominate at mid-season sale

Inside Retail

Your markdown SKUs are live, but how are they tracking? Now is the time to check how your markdown performance is tracking against your retail markdown strategy keeping inventory management top of mind. Full price vs markdown mix. Review performance of current markdown clearance stock. Markdown cover.

Markdowns 130
article thumbnail

Why Nike’s China rebound is still up in the air

Inside Retail

per cent in the APAC region as a whole and Greater China had “returned to growth” after “two years of declining business”. Other operating costs are also up though, due to the marketing and advertising costs that Nike charmingly refers to as “demand creation” (+5 per cent) and wages, as well as certain technology investments.

Markdowns 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Tips for Wholesale Inventory Management

Independent Retailer

.” Here are 7 tips for retailers on how to better manage their wholesale inventory and get rid of some of that product bloat: Return for a Refund or Credit. Offer Promotions & Product Markdowns. Return for a Refund or Credit. Offer Promotions & Product Markdowns. Help Shoppers Find the High Stock Products.

article thumbnail

eCommerce Pricing: How to Price for Marketplaces vs. Your Website

Wiser

Competitive, low prices on Amazon might be what you need to win the Buy Box, alongside other factors like fast shipping times, strong reviews and ratings, and fewer returns or replacements. Turn to Markdowns and Promotions. Furthermore, your website pricing approach should include markdowns and promotions.

Markdowns 148
article thumbnail

4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

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?

article thumbnail

50 Ideas to Spin the Doors on Your Stores!

Retail Adventures

Your return/exchange policy should be comparable to other retailers in your area that sell what you sell. becomes customer-friendly when changed to “We gladly accept returns and exchanges within days. Don’t wait too long to take a markdown. Policy signing should be framed and displayed in a prominent place at the cashwrap.

article thumbnail

50 MORE Ideas to Spin the Doors on Your Stores!

Retail Adventures

Your return/exchange policy should be comparable to other retailers in your area that sell what you sell. becomes customer-friendly when changed to “We gladly accept returns and exchanges within days. Don’t wait too long to take a markdown. Policy signing should be framed and displayed in a prominent place at the cashwrap.

Returns 83