Inside Retail

JUNE 1, 2021

TheDOM.com (DOM stands for Digital Off-Price Mall) will offer discounted designer fashion, streetwear and activewear from more than 90 leading Australian and international brands when it goes live in the second half of June, and there are plans to expand into additional categories, such as homewares, electronics and travel, in the future. “We

Consumer 246

Consumer Markdowns Planning Fulfillment 246

Retail TouchPoints

MAY 28, 2020

billion in Q1 2020, while same-store sales jumped 21.7% The retailer saw increases in consumables, seasonal home products and apparel, with the company attributing this growth to COVID-19’s impact on consumer behavior. Closed Stores Lead To Losses, But Recovery May Be Right Ahead. during the same period. in Q1 2019.

Markdowns 134

Markdowns Discount Store Finance Apparel 134

Retalon

NOVEMBER 20, 2020

Before we go any further it is important to make a clear distinction between price management and price optimization : Price optimization is the process of identifying the optimal price point for any given product at any given location that will yield the highest profit. This is how consumer demand will react to a change in price.

Management 41

Management Markdowns Accounting Retailing Pricing 41

Retalon

JUNE 10, 2020

Get Granular With Unique Product / Locations What does this mean for price planning? A discount store for bargain hunters? Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.) What does this mean for price planning?

Planning 41

Planning Markdowns Promotions Accounting 41