Retalon

MAY 10, 2024

There are two types of families in household budget planning: those who operate on a tight budget, where planning is essential, and those for whom purchasing what they like at the moment is a priority, with budgeting taking a back seat. We refer to these as Merchant-driven organizations. Decide at which level the budget will be set.

Planning 41

Planning Markdowns Merchant Services Payment Services 41

Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns.

Drop-Shipping 183

Drop-Shipping Merchant Services Fulfillment Shipping 183

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 fact, the best order fulfillment processes become sources of revenue, profit, and even customer loyalty.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retail Minded

AUGUST 27, 2022

distraction, scrambled for everything from at-home fitness equipment and games consoles to. final nail in the coffin for retailers – while other reports describe merchants being overstocked. inventory’ by making additional markdowns across the board. factors at play. service they provide. business.

Merchant Services 98

Merchant Services Drop-Shipping Markdowns Planning 98

Retalon

AUGUST 22, 2023

Retail merchandise planning is the strategic process retailers use to determine what products to stock, in what quantities, and where to allocate inventory across stores and e-commerce channels. The Art and Limitations of Traditional Retail Merchandise Planning Merchandise planning sits at the core of retail success.

Planning 41

Planning Merchant Services Markdowns Consumer 41

Retail Adventures

AUGUST 8, 2023

Shopping your competition is an exercise that needs to happen at least once a quarter. If you are not mentioned first, or worse, not at all, you have some work to do to build local word of mouth. Stop in each important area of the sales floor and watch shoppers, trying to see the merchandising and customer service through their eyes.

Shopping 52

Shopping Merchant Services Visual Merchandising Markdowns 52

Independent Retailer

AUGUST 19, 2022

Keith Daniels, Partner at Carl Marks Advisors , advises brands to focus on merchandise that turns quickly and has performing margins in order to survive the holiday season. Be sure to have products in stock at all times. With inflation on the rise, consumers are sacrificing brand loyalty to shop at retailers who offer greater value.

Shipping 85

Shipping Merchant Services Consumer Returns 85

Retail Adventures

SEPTEMBER 4, 2022

Shopping your competition is an exercise that needs to happen at least once a quarter. If you are not mentioned first, or worse, not at all, you have some work to do to build local word of mouth. Stop in each important area of the sales floor and watch shoppers, trying to see the merchandising and customer service through their eyes.

Shopping 52

Shopping Merchant Services Visual Merchandising Markdowns 52

Indigo 9 Digital

FEBRUARY 28, 2023

Retail is littered with stories like this one, about companies that were once at the top but are no longer relevant. Each step is highly digitized and integrated with another, which allows the company to churn out hundreds of new products tailored to different regions and user tastes at a daily rate. Think Sears.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

AUGUST 2, 2019

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. At best, they give you a dashboard of conditions right now.

Merchant Services 39

Merchant Services Fulfillment Accounting Markdowns 39

The Retail Creative and Consulting Agency

AUGUST 30, 2022

Russo: If you remember in math, when there would be a sequence of numbers and there was an exclamation point at the end, which meant multiply the multiply the. It is that exploration my exclamation point at the end of, and the really long string of. Russo: Look at us getting so smart. I feel like that is what you do with yeah.

Marketing 40

Marketing Merchant Services Dead-Stock Markdowns 40

Retail Prophet

JULY 18, 2022

Indeed, the entire global shipping industry had seemingly run aground – if only metaphorically – as dock workers at many of the world’s largest ports reeled with the effects of the virus. Fully half of the factories in Britain at the time were for cotton production. Less than 200 years earlier, a similar breakdown played out.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59

Retalon

AUGUST 2, 2019

Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). Prices (markdowns, promotions, competitor prices, etc.). At best, they give you a dashboard of conditions right now. POS data (sales, returns, etc.). The result?

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retalon

JUNE 22, 2020

Demand forecasting is the process of removing the effect of factors that influence sales data to uncover true past demand for your products at all locations and channels. It’s a must have for any merchant that wants to experience success with their retail business in the digital age. Demand Forecast Definition. Conclusion.

Merchant Services 41

Merchant Services Markdowns Promotions Location 41

Retalon

AUGUST 5, 2020

Is the right product getting to the right place at the right time? Merchants and inventory analysts must be aware of how well they are getting their products to the stores. Maintaining a healthy In-Stock Percentage at an efficient cost requires a unified approach to retailing. at lumber yards that mostly serve contractors.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

Retail Geek

FEBRUARY 28, 2023

portion at least and you know there’s this. Scot: [6:16] Should be over should be like part of the onboarding. Scot: [6:31] Call any other trip reports or anything to go into before we jump into some news I know you’re chomping at the bit to talk about some data. Scot: [3:07] Wow.

Apparel 52

Apparel Drop-Shipping Social Commerce Shipping 52