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Inventory Management Tips for Retailers to Reduce Overstock and Increase Profits

RETAIL MANAGEMENT SOFTWARE

Whether you’re selling sneakers, sofa sets, or fine jewelry, carrying too much stock ties up cash, eats up space, and leads to markdowns. Fashion retailers like Flourish Boutique even write blogs and create new content around these products to spark interest. A new context can turn a stale item into a must-have.

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Good, better, best: How Myer is winning during the ‘shift to thrift’

Inside Retail

From essentials – at the supermarket and the petrol pump, in the mortgage and in the power bills – to the not-so-essentials, such as the local café, the fashion boutique, the travel agent and the new car dealer. Tread carefully because markdowns will bite hard if you misjudge stock weights.

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Let’s Move from Fast Promising to Smart Promising

Retail TouchPoints

Ecommerce merchant teams invest significant time in analyzing factors such as free shipping thresholds, promotions, pricing and markdowns. Chap Achen is VP Product Strategy and Operations at Nextuple and has spent his career managing omnichannel ecommerce and fulfillment operations at large and boutique brands.

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Essential Steps for Surviving Demand Volatility in Business Strategies

Small Biz Trends

XYZ Boutique : This retail shop adopted a just-in-time inventory strategy, reducing holding costs by 25%. They didn’t analyze historical sales trends, resulting in markdowns that cut profits deeply. They implemented responsive marketing tactics, aligning promotions with customer preferences detected through social media engagement.

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ChainDrive vs. Competitors: A Full Comparison of Apparel ERP Solutions for Fashion Retailers

RETAIL MANAGEMENT SOFTWARE

Dynamic Promotions & Discounts Engine: Configure, automate, and manage fashion-specific markdowns and sales campaigns. Scalability: Works across single-brand boutiques to large retail chains. Omnichannel Hub: Real-time sync across in-store, mobile, eCommerce, and back office for seamless operations. Who Should Choose ChainDrive?

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RM Williams, Country Road Group, others share three digital trends defining 2025

Inside Retail

To tap in, he recommends retailers start with areas where speed matters most, such as inventory reallocation, markdowns, or last-mile routing. An autonomous system can, for example, redirect stock in real-time from underperforming stores to regions where sales are surging, improving availability while protecting margins, he said.

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Meet Lindsay Nicholas, the fashion designer bringing NY edge to Melbourne

Inside Retail

But after an unexpected move to Australia – and a global pandemic – she has just opened her first bricks-and-mortar boutique in the Melbourne CBD. We’re also not a brand that takes markdowns on stock after six weeks. We had double-digit growth still, but for us, it really felt like the right time to invest in retail.

Fashion 130