Retail TouchPoints

FEBRUARY 2, 2022

Many retailers are worried that they don’t have all the data at their fingertips, like product data, customer data, transactional data, when items sold, on what device and more. Everyone starts somewhere, and it’s OK wherever you are at in your data journey. Begin with what you have and build a plan to fill in the gaps.

Retailing Pricing 225

Retailing Pricing Markdowns Accounting Outdoor 225

Retail Focus

JUNE 3, 2021

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. Let’s look at three ways that data science can help retailers thrive in a highly competitive multi-channel environment.

Markdowns 200

Markdowns Promotions Shopping Planning 200

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?

Markdowns 259

Markdowns Retailing Pricing Promotions Fulfillment 259

Retail TouchPoints

JANUARY 3, 2023

Becoming proficient at navigating these obstacles is key to protecting retail profits. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. ATO attacks cost retailers millions of dollars each year.

Merchant Services 293

Merchant Services Payment Services Accounting Checkout 293

Retalon

OCTOBER 24, 2023

So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world. How do retailers get into this mess? Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Retalon

FEBRUARY 14, 2022

So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world. How do retailers get into this mess? Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. Brand Image.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Retail TouchPoints

OCTOBER 11, 2021

Human hunches, especially if they are based on behaviors from past years, are not sufficient in a completely transformed retail landscape. With seasonal items in particular, missing the mark on pricing, even if only a little, often results in excess stock on hand that has very weak demand, necessitating markdowns.

Markdowns 224

Markdowns Promotions Retailing Pricing Marketing 224