Remove Apparel Remove Dead-Stock Remove Point of Sale
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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 Comparable store sales increased 9%, and the company’s gross margin increased to 58.8%. No, retail isn’t dead.

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5 years after US bankruptcy, Roots notches third quarter of sales growth

Retail Dive

In-stock levels also improved in the quarter. Our stores are not only a point of sale but extensions of our brand ethos, and we remain committed to ensuring they deliver both inspiration and convenience.” The retailer hired a new head of omnichannel growth in the quarter and discussed plans to update its stores and operations.

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The Future of Retail in the New Era of Risk

Retail Prophet

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. The apparel industry is responsible for 10 percent of global emissions.