Retail Assist

JULY 31, 2025

The cost shows up fast in lost sales and heavy end-of-season markdowns. Without a clear view of what’s selling, where and at what pace, buyers are forced to make decisions without the full picture. That’s when missed signals turn into overstock and markdowns. The result? And if things don’t go to plan? So, what is the solution?

Planning

CJ Retail Solutions

JULY 21, 2025

Understanding the customer journey is crucial for successful omnichannel merchandising, as it allows businesses to tailor their strategies to meet customer needs at every touchpoint. By doing so, you can tailor your messaging and offerings to meet their needs at each stage.

Shopping

Retalon

FEBRUARY 5, 2025

The retailer will only see this issue using historical sales data after one or more sales periods have passed and they begin to look at historical sales data. These improvements are driven by, Better Stock Distribution Reduce overstock and optimize inventory placement. billion in 2024 to $4.92

Planning

Inside Retail

FEBRUARY 24, 2025

Managing inventory in hard goods retail is a constant balancing act. Retail environments are highly competitive right now, making inventory management more than just a back-end function its a critical driver of sales, customer satisfaction and financial health. With AI, they no longer need to make that trade-off.

Markdowns

Wiser

APRIL 7, 2020

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry.

Markdowns

Inside Retail

APRIL 9, 2022

Your markdown SKUs are live, but how are they tracking? Now is the time to check how your markdown performance is tracking against your retail markdown strategy keeping inventory management top of mind. Full price vs markdown mix. Review performance of current markdown clearance stock. Markdown cover.

Markdowns

Retail TouchPoints

AUGUST 13, 2024

Early use cases for AI in retail include inventory management, dynamic pricing, customer service chatbots, loss prevention and personalized marketing. Let’s take a look at how this progression works in several areas of the retail organization.

Markdowns

Retail Smart Guys

JANUARY 16, 2025

What is Inventory Management, and Why Does It Matter? Inventory management is the process of tracking and optimizing stock levels to meet customer demand while maximizing profitability. Improves Cash Flow : Keeps capital free for growth by investing in inventory that sells. Reduce markdowns and boost profits.

Inventory Management

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? And don’t forget the shopper looking for that end-of-season deal.

Markdowns

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Tracking your inventory will provide you with the data necessary for these insights.

Inventory Management

Independent Retailer

DECEMBER 23, 2022

Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . billion of inventory in October, a 21% increase from last year, according to the U.S. “Seemingly overnight, shortages are flipping to inventory surpluses in certain categories.

Inventory Management

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

Retail TouchPoints

OCTOBER 3, 2023

It was at that point that putting the technology and operations in place to fulfill from an increasingly complex supply chain network embarked upon its next frontier. Let’s start with demand forecasting and inventory deployment. store level inventory serving local demand) into a more global matching problem (i.e.,

Fulfillment

Retail TouchPoints

NOVEMBER 8, 2022

Optimizing inventory based on trends and historical data means the customer will get the exact item they are looking for. Returns are increasing labor costs due to inspection and restocking time and often cause markdowns, out-of-stock and logistics expenses to increase. Retailers can also create a return policy that avoids waste.

Returns

Retail TouchPoints

JUNE 26, 2023

Groundbreaking at the time, but now sorely outdated, UPCs are finally getting a facelift and moving into the 21st century thanks to the GS1 Sunrise 2027 initiative. And in 2014, Inditex SA, which owns fast-fashion giant Zara, implemented RFID to effectively track all its products at every step in the process. A true win-win!

Merchant Services

Inside Retail

SEPTEMBER 3, 2024

In this article, we will look at the benefits and the key areas to apply AI in the retail industry. Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. Shoppers can receive personalised support at any time, ensuring satisfaction and encouraging repeat visits.

Loss Prevention

Retail TouchPoints

FEBRUARY 12, 2021

Let’s take a closer look at the reasons why RFID has been thriving — past, present and future — including how it will continue to play a supporting role in a post-COVID-19 world, and how it shows promising signs of supporting and integrating with emerging technology. Angela Fernandez is the Vice President of Community Engagement at?

Fulfillment

Retail Minded

AUGUST 1, 2024

Regardless, the importance of inventory management remains the same. We will examine some of the latest technologies, such as barcoding, RFID, and inventory management software. Not only will this provide a seamless customer experience, but it will also make inventory management a lot easier.

Inventory Management

M19 Retail

OCTOBER 11, 2024

Why Your Supply Chain Management System Depends on the Right Retail Inventory Management Software In today’s complex retail environment, managing a supply chain management system is no small feat. This ability to adapt quickly is critical to maintaining a balanced and efficient supply chain.

Supply Chain Management

Inside Retail

JANUARY 31, 2022

There are also other supply chain benefits for businesses including improved inventory management, recall readiness, sustainability, ethical sourcing and product authentication. At Woolworths, we plan to build on the potential of these barcodes to offer customers valuable information on provenance, quality and sustainability.

Markdowns

Wiser

MAY 20, 2020

It’s easy for other retailers and even manufacturers to look at these success stories and want to understand how to make EDLP work for them. It’s a complex decision that involves customer behavior, marketing, supply chain and inventory management, and other functional areas. Everyday Low Pricing vs High-Low Pricing.

Markdowns

Inside Retail

JANUARY 30, 2024

Retailers worldwide may be facing challenging times right now, but the evolution of technology – including the deployment of AI – is opening the way to dramatic improvements in productivity at all stages of the retail business model. And that’s where your Workforce Management systems come into play,” says Bretherton.

Loss Prevention

Retalon

JUNE 29, 2013

Every retailer wishes to have the right product at the right place at the right time. In order to achieve this there is a lot of thought put into inventory management, allocation, and replenishment processes. Once inventory begins to run low at a specific store, it is replenished from the DC.

Inventory Management

M19 Retail

MARCH 17, 2021

Mi9 Retail continues to make significant product investments in its flagship Merchandise Management platform to help its loyal customer base adapt to changing trends and strengthen their unified commerce strategies. Mi9 Retail Launches New In-Store Mobile App to Help Retailers Improve Inventory Management. About Mi9 Retail.

Inventory Management

Inside Retail

JUNE 20, 2023

GenAI can adapt to resonate and connect at the appropriate level, given the task or resolution at hand. By adjusting prices in real time based on this analysis, retailers can increase revenue, reduce markdowns, and remain competitive in a constantly changing market. GenAI is also transforming inventory management.

Markdowns

Inside Retail

AUGUST 24, 2023

Better inventory management resulting in fewer markdowns and lower freight costs were helpful to the number. While some of this is the result of people seeking out lower-priced alternatives, some is also a consequence of boring ranges and styles at Old Navy.

Markdowns

Retail Smart Guys

MARCH 23, 2024

At Retail Smart Guys , our commitment extends beyond traditional inventory management. We collaborated with a valued client to not just analyze their inventory but to strategically reclassify it in alignment with their unique property acquisition goals. We hope this newsletter finds you thriving in your business pursuits.

Markdowns

Retail Assist

JUNE 22, 2023

It addresses the pain points of inventory management, logistics, and data overload by providing unparalleled visibility across your entire supply chain. With Merret Pro, you can say goodbye to inefficient inventory management and logistical headaches. The result?

Payment Services

Wiser

JULY 19, 2017

The key to having a successful business is having the right products in the right place, at the right price, at the right time. On the other hand, merchandising handles the product strategy such as category and brand-level planning, managing in-season pricing and promotional activities, and cross-channel inventory management.

Marketing

365 Retail

AUGUST 14, 2024

Proper stock control ensures that you always have the right products available at the right time, avoiding overstocking and understocking, which can lead to financial strain or missed sales opportunities. An inventory management system helps you keep track of stock levels, sales, and orders in real time.

Management

I Vend

SEPTEMBER 20, 2022

By now, you know you need something more for your inventory management—pen and paper just aren’t going to cut it—but you still have questions about cloud-based inventory management software. Earlier this year, 56% of retail business owners said their inventory management was not accurate. What is it?

Management

Mass Relators

JULY 26, 2022

The company projects lower earnings primarily due to pricing actions aimed at improving inventory levels and altering the sales mix at its Walmart and Sam’s Club outlets in the United States. is requiring more markdown dollars. . — Walmart has revised its profit outlook for its second quarter and fiscal year 2023.

Markdowns

Retail Smart Guys

DECEMBER 11, 2023

At Retail Smart Guys , we make sure our services empower our clients to grow strategically. Our experts provide a tailored and structured approach to inventory management, allowing you to focus on what you do best – delighting your customers. Our Merchandise Planning and Open-To-Buy services bring order to the retail chaos.

Markdowns

Retail Assist

SEPTEMBER 3, 2024

It calls for a seamless integration of all business processes, from inventory management to customer experience. Improved Inventory Management: One of the most critical aspects of retail is inventory management. Staying ahead means more than just knowing your market and customers inside out.

Inventory Management

365 Retail

JUNE 5, 2024

Optimizing Inventory Management Proper inventory control is crucial for any retail business. Enter smart inventory management systems. Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. Read on for more insight!

Payment Services

Retalon

JANUARY 7, 2021

With seasonal product life-cycles becoming ever shorter, retailers need more strategic and granular ways to plan their seasonal assortments so they can maximize revenue while minimizing markdowns. Calculate the seasonality for every SKU, at every store. Optimize inventory levels to ensure successful promotions of seasonal merchandise.

Markdowns

Retail Smart Guys

SEPTEMBER 2, 2022

Particularly in your inventory, which is the biggest expense every retail store has, establishing the correct level of inventory, on a department by department basis, and a location by location basis, is the most important job in retail. Proper inventory levels in all classes, at all locations, are ensured.

Planning