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7 KPIs to Track & Harness Your Retail Store Performance

RETAIL MANAGEMENT SOFTWARE

For retailers in apparel, footwear, jewelry, sporting goods, specialty, home goods, and department stores, understanding performance at a granular level isnt just helpfulits essential. KPIs by Vertical: Why They Matter Apparel & Footwear Manage seasonal demand and reduce overstock. compared to the previous year.

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Breaking Barriers: How Brick-and-Mortar Retailers can Deliver Exceptional Customer Experiences

Retail TouchPoints

People have been saying “Retail is dead” for several years now. Multinational athletic apparel retailer Lululemon recently announced its net revenue increased 20% (on a constant dollar basis) to $2.2 No, retail isn’t dead. Bad retail is dead. Effectively managing inventory has never been an easy task for retailers.

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From Kampot to Myer: the journey of Cambodian fashion label Dorsu

Inside Retail

To a slow fashion apparel brand in rural Cambodia, Australia’s sophisticated fashion capital of Melbourne seems a world away – and not just geographically. Earlier this year, the brand made a debut inside Myer’s Bourke Street Mall flagship store and became the first Cambodian apparel brand to be stocked by the Aussie retailer.

Fashion 246
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Kmart MD talks Target merger, shrinkage, and adapting to customer behaviour

Inside Retail

This is the message put forward by Wesfarmers’ CEO Rob Scott, and Kmart Group managing director Ian Bailey, to investors last week. Target [also] continued to trade well across its apparel range, but with more challenging results in toys and home, highlighting the opportunity for the division to leverage the strengths of Kmart.”

Shrinkage 130
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Is the DTC business model dead, or just evolving?

Inside Retail

Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ Analyzing over 80 different rigorous peer-reviewed studies on DTC, we discovered a few common insights that prove the DTC model isn’t dead, it’s just evolving and, in fact, it could still be a great way for smaller brands to build customer engagement.

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The Future of Retail in the New Era of Risk

Retail Prophet

McClean had managed to reduce the cost of loading and unloading cargo from $5.83 The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. The myopic focus on low price has lead to an epidemic of markdowns and dead stock.

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Jason & Scot Show Episode 251 Annual Predictions 2021

Retail Geek

Jason : Made to Order apparel business > 9 figures. Jason: [4:27] Yeah I want to say their stock was at 450 when you made that prediction and you can get it for the budget price of 1193 right now. Department stores or apparel stores or malls get back to kind of pretty pandemic levels. 2021 Predictions.