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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

in addition to including a virtual live shopping component to make the experience available digitally in order to reach more luxury consumers wherever they are located. It can’t be dead stock or something that they had for two years. It has to be relevant,” said Tori Nichel. “ It has to be relevant,” said Tori Nichel. “

Consumer 321
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Is the DTC business model dead, or just evolving?

Inside Retail

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.

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Understanding Furniture Inventory Management Software in 2023

Retalon

Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way. Furniture inventory management software offers a smarter solution. You’re not alone.

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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

in addition to including a virtual live shopping component to make the experience available digitally in order to reach more luxury consumers wherever they are located. It can’t be dead stock or something that they had for two years. It has to be relevant,” said Tori Nichel. “ It has to be relevant,” said Tori Nichel. “

Consumer 130
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Generative AI for Personalized Service and a Competitive Edge in Ecommerce

Retail TouchPoints

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.

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Retail Assortment Strategies: What Are They & How Do They Work?

Wiser

These are all examples of an optimized assortment plan. 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. The best retailers gain even more of an advantage by having data-driven, well-planned retail assortment strategies.

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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. Indicators you’re managing bad inventory. A high cost of overstock management.