Tokinomo

MARCH 29, 2023

A lot of consumers got used to online shopping. However, brick-and-mortar is not dead and many shoppers still prefer to buy in-store. One of the biggest issues when shopping in-store is the low stock of products. Due to the finite space, retailers need to have a smaller stock of products compared to eCommerce retailers.

Dead-Stock 246

Dead-Stock Shopping Consumer Customer Experience 246

Retail TouchPoints

DECEMBER 25, 2023

People have been saying “Retail is dead” for several years now. No, retail isn’t dead. Bad retail is dead. Missed sales due to inventory stockouts are a drain on revenue, unsold merchandise is a drain on cash flow, and carrying too much stock in the backroom is a waste of space that could otherwise be generating sales.

Customer Experience 282

Customer Experience Dead-Stock Store Layout Point of Sale 282

Inside Retail

MARCH 21, 2024

This year, while consumers are still struggling to adapt to higher prices for staple goods and services, they are still spending on discretionary items creating a retail market where brands compete fiercely for their share of the consumer’s paycheque. Finding out it’s unavailable feels like a dead end.

Consumer 130

Consumer Dead-Stock Finance Inventory Management 130

Inside Retail

NOVEMBER 15, 2022

As consumers expect more environmentally sustainable solutions for the packaging of products and deliveries, shippers may be missing equally compelling reasons to make the switch: significant cost savings and an increase in operational flexibility. They need to move towards sustainable packaging as their consumers increasingly demand that.

Drop-Shipping 246

Drop-Shipping Dead-Stock Shipping Shrinkage 246

Retail TouchPoints

MAY 7, 2024

69% of consumers go straight to the search bar when they visit an ecommerce site, and their search interactions provide merchants with crucial information about their intent, preferences and needs. Zero results pages can also illuminate the need to configure better synonyms to prevent dead-end searches.

Dead-Stock 264

Dead-Stock Advertising Fashion Promotions 264

Inside Retail

SEPTEMBER 27, 2023

For instance, AR mirrors can make use of under-utilised and dead spaces – generating sales without requiring much floor space. You don’t need extra stock or staff to run them and, in terms of scaling, it’s just about finding space for a few extra mirrors,” Salakas said.

Dead-Stock 259

Dead-Stock Checkout Fulfillment Shopping 259

Retail TouchPoints

MARCH 15, 2022

Are they in stock? Because let’s face it — there’s nothing worse than finding a really neat item and navigating to the website only to discover it’s out of stock or no longer on sale. Consumers appreciate engaging with email directly and not having to click on a link. Do they have the right size? Are they still on sale?

Marketing 289

Marketing Dead-Stock Payment Services Advertising 289

Retail TouchPoints

JULY 14, 2023

This applies across the customer shopping journey, from customized recommendations to predicting consumer behavior and product demand as well as creating more seamless omnichannel experiences. This involves inputting key words that can result in a dead link or generating unwanted products in some cases.

Fulfillment 244

Fulfillment Dead-Stock Customer Experience Inventory Management 244

Inside Retail

APRIL 18, 2024

Product curation When it comes to stocking products, Motte said it’s about curating brands, not having the broadest assortment. “We Sometimes I hear retail is dead, and you know what, boring retail is, that’s for sure. We grew twice to six times faster than the prestige beauty market in most geographies,” he said. We donated 1.7

Beauty and Health 263

Beauty and Health Dead-Stock Fashion Management 263

Retail TouchPoints

FEBRUARY 25, 2021

In the post-COVID landscape (which is only just unfolding), retailers will need to adopt this view and live by it if they’re to form new ways of surviving and reaching consumers. And interestingly enough, creating a functional model might involve snagging some ideas from what we thought was retail’s long-dead past.

Dead-Stock 214

Dead-Stock Customer Experience Consumer Checkout 214

Inside Retail

NOVEMBER 29, 2022

Nixon attributed this to consumers being online more and having more time to shop, as well as the growth of the lingerie and sleepwear industry throughout this period. The brand endeavours to buy dead-stock from larger brands, which it redesigns into its own pieces.

Dead-Stock 245

Dead-Stock Wholesale Drop-Shipping Fashion 245

Inside Retail

SEPTEMBER 26, 2022

Earlier this year, the brand made a debut inside Myer’s Bourke Street Mall flagship store and became the first Cambodian apparel brand to be stocked by the Aussie retailer. To Sann, sustainable fashion encompasses both consumer behaviour and the resources used in materials. Better for people equals better for planet”.

Fashion 246

Fashion Fast Fashion Dead-Stock Apparel 246

Inside Retail

JUNE 23, 2024

Our eco-conscious brand uses digital printing for less waste and fixed brand colours to eliminate dead stock. At Beam Bold, we aim to educate consumers on investing in high-quality, long-lasting pieces that can easily be integrated into their existing wardrobe. All the fabrics we use are made from natural fibres.

Dead-Stock 246

Dead-Stock Fashion Clienteling Fulfillment 246

Inside Retail

JULY 28, 2021

The Covid-19 outbreak urged consumers to change their buying and shopping behaviors not only in Singapore but worldwide. The Omakase eyewear styling service online enables consumers to much more conveniently experience such exciting journeys of self-expression.

Dead-Stock 246

Dead-Stock Fast Fashion Fashion Shopping 246

Inside Retail

NOVEMBER 17, 2021

Upparel takes unwanted clothing and textiles from consumers and businesses across Australia. So our partners in New Zealand have already committed their dormant, unwanted stock, and places like the Salvation Army have committed to give what they don’t deem sellable.”.

Dead-Stock 130

Dead-Stock Returns Consumer 130

Inside Retail

OCTOBER 26, 2023

Our survey reflected that consumers are drawn to physical stores for the tactile experience – with 56 per cent of consumers visiting stores to view products in real life and 46 per cent of consumers visiting stores to compare similar products within a tangible retail setting. “And And this appeal will last.

Shopping 247

Shopping Payment Services Dead-Stock Kiosk 247

Inside Retail

AUGUST 27, 2023

With customers continuing to seek more value as cost-of-living pressures bite, Wesfarmers’ Kmart Group is set to benefit from shifting consumer demand, and an increasingly strong value proposition. Labour, leases, and clearance stock So, what are those levers?

Shrinkage 130

Shrinkage Dead-Stock Department Stores Apparel 130

Inside Retail

OCTOBER 3, 2023

It can be used as its own pop-up store, on dead space like a wall, in a shop window that’s closed for some literal window shopping, or even on a store under construction so people can interact or shop with a brand before it opens.” As many customers know, going into a changing room at a store can be time-consuming and it can be tedious.

Dead-Stock 130

Dead-Stock Shopping Checkout Accessories 130

Wiser

APRIL 10, 2023

If your product range is too narrow, then you won’t be able to meet consumer demand. Too wide and you’ll end up with leftover dead stock. This way you can rely on regular purchases with little worry of retaining dead stock. Deciding on your product assortment isn’t as simple as it might sound.

Dead-Stock 145

Dead-Stock Store Layout Visual Merchandising Planning 145

Inside Retail

AUGUST 7, 2022

It did not take her long to realise the potential of fast-moving consumer goods (FMCG) to supply Indian consumers. We’re doubling down on improving store incomes and consumer choice in these areas now,” she added. Items such as deodorants, pressure cookers, and personal care items were added to the informal catalogue.

Dead-Stock 130

Dead-Stock Wholesale Finance Consumer 130

Inside Retail

AUGUST 1, 2022

1 position in the hearts, minds, and wallets of Indonesia’s consumers. Online food delivery: dead heat on a major battleground. There is now very little to separate the two companies in the eyes of Indonesian consumers. GoTo’s Tokopedia started with a big advantage, but Sea’s Shopee is closing fast. Is ‘Hyperlocal’ the answer?

Merchant Services 130

Merchant Services Dead-Stock Payment Services Marketing 130

Inside Retail

OCTOBER 11, 2023

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ to ‘Look at this amazing DTC brand! Everyone should do this.’ million before going public in 2020.

Dead-Stock 130

Dead-Stock Consumer Kiosk Inventory Management 130

I Vend

SEPTEMBER 1, 2022

Consumers continue to spend on essentials such as food, personal care, and basic clothing, but reduce their outlay on items such as furniture, home electronics, sporting goods and accessories. Read more That decline may manifest across the economy as low unemployment, rising prices and squeezed margins. Product mix. Retaining customers.

Dead-Stock 98

Dead-Stock Payment Services Sporting Goods Inventory Management 98

Retail Geek

AUGUST 25, 2021

In episode 273 we interview Alex Kopco Founder and COO of Forum Brands, a roll-up of digitally-native consumer brands selling via Amazon. Alex Kopco is the Founder and COO of Forum Brands , a roll-up of digitally-native consumer brands selling via Amazon.

Dead-Stock 98

Dead-Stock Fulfillment Drop-Shipping ATS 98

Inside Retail

DECEMBER 15, 2021

Through Covid, we have seen a vast number of permanent store closures, which has somewhat re-ignited the ‘stores are dead’ debate. Once one becomes popular, we seem to quickly look for a new one and proclaim the old one ‘dead’, even if most of the industry hasn’t caught up. My big question here is about balance. Experiential stores.

Dead-Stock 130

Dead-Stock Consumer Social Commerce Location 130

Retail Minded

MARCH 10, 2022

Brand health includes customer loyalty, the consumer experience journey and customer connectivity. The store of yesteryear may be dead, but the store of today is undergoing somewhat of a renaissance.

Dead-Stock 98

Dead-Stock Fulfillment Point of Sale Payment Services 98

Mike Anthony

JANUARY 24, 2022

Despite the hyperbola you read in the press, bricks and mortar grocery is far from dead. For example, retailers such as Wal-Mart are turning to smaller brands, often Direct to Consumer brands , to add an exclusive element to their range. Bricks and mortar retail stores are still a huge asset for retailers.

Shopping 130

Shopping Dead-Stock Promotions Checkout 130

Retail Gazette

AUGUST 15, 2023

That’s not to say the mobile phone shop is dead. The 4,230 sq ft space, dubbed the EE Studio, features a gaming zone, a lounge area offering complimentary tea and coffee, a digital spa inviting consumers to relax in an immersive sensory room.

Shopping 98

Shopping Dead-Stock Department Stores Consumer 98

Inside Retail

NOVEMBER 1, 2021

Yet, like most things that have been pronounced dead (such as physical stores), small data still very much has its place. Some researchers live by it, highlighting that there is nothing richer than hearing something in a consumers’ own words, and diving deep into their experiences and feelings. That place has simply evolved.

Dead-Stock 130

Dead-Stock Consumer Marketing Fashion 130

365 Retail

JUNE 28, 2022

ParcelHero’s Head of Consumer Research, David Jinks M.I.L.T., This April, however, Primark launched a revamped website that checks stock levels in local stores for availability, finally announcing this month its click & collect trial to “satisfy unfulfilled demand”. Read the full report here.

Dead-Stock 97

Dead-Stock Outdoor Accessories Consumer 97

Storis

MAY 23, 2024

The following is used for the Turns formula: Turns = Year’s Cost Of Goods Sold $/Year’s Avg Units On Hand * Year’s Avg Unit Cost $ This ratio provides insight into how quickly a business can convert its stock into sales. Additionally, regular inventory audits are essential to identify non-performing items.

Inventory Turnover 52

Inventory Turnover Payment Services Dead-Stock Inventory Management 52

365 Retail

DECEMBER 5, 2022

Technology has advanced significantly and with brands now moving into their busiest season, consumers will continue to opt for convenient shopping both online and on the high street for the ideal purchase. . Shoppers want to search, transact, acquire and consume products and services safely and easily across an entire ecosystem.

Dead-Stock 52

Dead-Stock Fulfillment Markdowns Shipping 52

Rangeme

DECEMBER 16, 2021

While retailers and consumer packaged goods (CPG) suppliers have had to grapple with COVID-19 and digital transformation, now they must also manage reduced capacity along the global supply chain, hampering holiday sales success. Retail workers are quitting at record rates for higher-paying work: ‘My life isn’t worth a dead-end job.’

Shipping 52

Shipping Dead-Stock Beauty and Health Inventory Turnover 52

Retail Gazette

MAY 8, 2024

Turning a blind eye to the mediocre performances of longer standing competitors Deliveroo, Amazon and Just Eat, venture capitalists and start up CEOs forged their way to misguided glory, chasing mirages of untold successes down a dead end path. Huge expansion, rapid investment and growth have all dissolved in a matter of three years.

Dead-Stock 64

Dead-Stock Supermarket Fulfillment Consumer 64

Retalon

AUGUST 14, 2023

Powerful analytics help you optimize stock levels to drive sales, improve margins, and increase customer satisfaction. This software uses technology like barcode scanners, RFID, IoT sensors, and integrated ERP systems to monitor, track and manage your furniture stock. Furniture inventory management software offers a smarter solution.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Retalon

APRIL 21, 2021

Consumer expectations have evolved in the digital age, and retailers are now offering a multitude of flexible order delivery methods such as “Buy online, pick up in-store”, “curbside pickup”, “order in store, deliver home” and more. So how can retailers offer these options to consumers while lowering their costs?

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

FEBRUARY 10, 2022

You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. Last minute markdowns that offload stock at a loss. There is constant manual intervention, this may be transferring inventory between stores or ordering new stock. What is bad inventory called day-to-day?

Management 41

Management Inventory Turnover Inventory Management Dead-Stock 41