Retail TouchPoints

JULY 18, 2023

As part of the new multiyear agreement — which builds upon a partnership that started in 2016 — Academy will use the Revionics Base Price and Markdown solutions to not only optimize its pricing strategy but better manage inventory levels throughout the product lifecycle.

Outdoor 186

Outdoor Markdowns Apparel Fulfillment 186

Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge. What is order fulfillment?

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retalon

SEPTEMBER 1, 2020

Without a solid demand forecast, you risk misallocating inventory and missing your revenue targets while watching turns collapse. Fixing the problem through stock rebalancing or price markdowns will be expensive. Not to mention lost opportunity of bringing another product instead and losing cash.

Promotions 41

Promotions Markdowns Inventory Management Accounting 41

Retalon

SEPTEMBER 11, 2020

Fashion and apparel retailers are also dealing with distribution of sizes, colors, and styles, all of which are complicated further by shifting seasonality. Often resulting in inventory distortion that lead to lost sales and costly markdowns. Often minimizing markdowns in the process. Unifying Fashion Analytics.

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retalon

JULY 15, 2019

Not only do overstock situations force retailers to markdown inventory at the end of a season at slim-to-no profit margins, but it also takes up physical space in stores warehouses, accruing carrying costs, and ties up extra cash that could be used towards advancing business goals. 3. Logistics and fulfillment challenges.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retalon

OCTOBER 18, 2013

Other directions that I should mention here is retailers are trying to establish relations between inventory levels and other drivers such as prices and promotions. So instead of selling more merchandise, retailers would sell the same quantity that they have in store but at a lower price and lose money. Bob Johns: Interesting.

Markdowns 32

Markdowns Promotions Planning Accounting 32