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Why Nike is putting used sneakers back on the shelf

Inside Retail

Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . The Gen Z and younger millennial consumer is already accustomed to this,” she pointed out. ” How Nike Refurbished works.

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Off-Price Retail: A Double-Edged Tool For Brands With Excess Inventory Needs

Retail TouchPoints

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. Technology has revolutionized the way brands manage their excess inventory. How Is Excess Inventory Optimized?

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How Canningvale plans to take Robinsons Singapore back to its roots

Inside Retail

million in 2014, the retailer suffered from years of declining foot traffic and was placed into liquidation at the end of 2020. . Robinsons will offer three to five brands at different price points in each category, from cosmetics, health and wellbeing, to products for the home and men’s, women’s and kids’ fashion. .

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Tapping into Temu: Why American Gen Zs love the Chinese app

Inside Retail

Through Pinduoduo’s proprietary supply-chain resources, Temu is also able to replicate its success and profitable model by slashing intermediary costs, connecting consumers with high-quality manufacturers at competitive prices and amassing high sales volumes.

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