Inside Retail

APRIL 17, 2023

All that combines to shift the mindset of consumers to what we call ‘mindful consumption’. Last month, the department store reported its highest interim profit since 2014. Tread carefully because markdowns will bite hard if you misjudge stock weights. But the effects on people’s wallets will be felt for months to come.

Department Stores 246

Department Stores Markdowns Boutique Supermarket 246

Retail TouchPoints

MARCH 3, 2023

at Family Dollar stores, but even discounters are facing cautious consumer spending and employee pay raises that aren’t expected to pay off for some time. We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales. during Q4, but they were up 0.6%

Markdowns 275

Markdowns Operating Expenses Department Stores Planning 275

Retalon

JANUARY 7, 2021

With seasonal product life-cycles becoming ever shorter, retailers need more strategic and granular ways to plan their seasonal assortments so they can maximize revenue while minimizing markdowns. Some of these factors include: Pricing Consumer preferences Competitors Events Promotions Vendors Logistics etc.

Markdowns 41

Markdowns Promotions Accounting Planning 41

Indigo 9 Digital

FEBRUARY 28, 2023

After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. Large stores are inherently risky. Riley Rose stores became a money losing venture. billion in 2019.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

JUNE 10, 2020

Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.) Demand is the total consumer desire to purchase a specific product. Discover how Retalon automatically forecasts Product Life Cycles for every store / SKU combination.

Planning 41

Planning Markdowns Promotions Accounting 41

Indigo 9 Digital

SEPTEMBER 1, 2022

That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Many retailers have found that having a strong digital business goes hand in hand with a strong store network. 57% of Amazon’s unit sales in come from third party sellers on its platform. "Our

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Indigo 9 Digital

FEBRUARY 7, 2023

With the average dress size in the United States falling between a size 16 and size 18 , not catering to consumers that wear larger sizes leaves money on the table. Many direct-to-consumer brands wait a while before moving into brick-and-mortar retail before realizing years later that selling offline presents a bigger opportunity.

Apparel 96

Apparel Fashion Markdowns Marketing 96