Retail TouchPoints

OCTOBER 15, 2021

this year alone, representing approximately 21% of the total women’s apparel market. The business case is clear, but the looming question for apparel brands and retailers is: How do we make inclusivity a tangible — and profitable — business strategy? billion in the U.S. Inclusion Definitions Expanding Beyond Sizing.

Consumer 283

Consumer Merchant Services Markdowns Fulfillment 283

Retail TouchPoints

SEPTEMBER 29, 2022

But operating sustainably isn’t just about meeting consumer expectations — there are industry and business practices to fulfil too. To help address this, some retailers have been using advanced artificial intelligence (AI) to improve forecasting capabilities and optimize markdown processes to reduce product waste. Recommerce.

Fast Fashion 327

Fast Fashion Fashion Markdowns Consumer 327

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

MARCH 2, 2021

What fulfillment methods are you offering? How do you handle returns? This has been the typical ineffective approach fashion and apparel retailers have taken for decades. Without understanding these business-specific considerations, none of your data, or analytics will yield intelligent and reliable insight. .

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retalon

SEPTEMBER 1, 2020

Fixing the problem through stock rebalancing or price markdowns will be expensive. Different-styled apparel meant for the same customer; laptops with different specs but similar prices; or last year’s products from the same holiday season can all inform new product forecasts. Getting off on the right foot is critical.

Promotions 41

Promotions Markdowns Inventory Management Accounting 41

Retalon

SEPTEMBER 11, 2020

That’s why retail key performance indicators are dominated by inventory-based metrics like Gross Margin Return on Investment and In Stock Percentage. Customers’ constantly-shifting color preferences will influence the demand for apparel. Apparel retailers also need to understand optimal size distributions for fashion products.

Payment Services 41

Payment Services Promotions Accounting Fulfillment 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. The cost of returns alone can make a retailer question the profitability of online stores.

Fashion 41

Fashion Markdowns Promotions Accounting 41