Wiser

FEBRUARY 29, 2024

One crucial theme addressed during a recent Customer Panel hosted by Wiser Solutions concerned the deficit of labor resources within the retail sector. Panelists highlighted the frustration with labor scarcity in an environment where consumer demands and expectations are constantly evolving.

Shrinkage

Storis

SEPTEMBER 19, 2024

Customers are savvy researchers, and many are price-motivated. Embracing innovative solutions like digital price tags can be the game-changer you’ve been seeking to maintain dynamic retail pricing efficiently. Gone are the days of labor-intensive manual price changes that consume valuable time and resources.

Inventory Management

RETAIL MANAGEMENT SOFTWARE

JUNE 3, 2024

To thrive, clothing retailers must be agile, responsive, and committed to achieving success. Yet, many apparel retailers find themselves grappling with a myriad of challenges that hinder their growth and efficiency. Fortunately, there’s a game-changing solution on the horizon: apparel inventory software.

Apparel

365 Retail

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. What is driving consumer returns? 3) Scale up scenario planning.

Supply Chain Management

Retail Times

MARCH 16, 2021

The traditional way of handling accounting is known as the retail method , a process in which you estimate the value of your ending inventory by factoring in the cost to retail price ratio. Deduct your total sales during that period from the retail value of merchandise available for sale. That would make T.S.

Grocer

Retalon

FEBRUARY 21, 2025

Companies like Dollar Tree , which sources nearly 40% of its products from China, may be forced to raise prices, impacting affordability, a move that would directly threaten their affordable brand. In order to handle the increased cost of production, costs will be passed off to the consumer. Higher Prices for Consumers.

Markdowns

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 19, 2024

Unlike considering budgeting software, many retailers still rely on the manual creation of budgets and spreadsheets, resulting in a time-consuming process. Scalability: Retail businesses evolve, and the software should be scalable to accommodate growth. This integration ensures seamless data flow across different departments.

Finance

Retalon

AUGUST 20, 2019

The internet has indisputably created new opportunities for retailers to reach consumers. This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. Still, real-world retail operations persist.

Fulfillment

Retalon

AUGUST 20, 2019

The internet has indisputably created new opportunities for retailers to reach consumers. This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. Still, real-world retail operations persist.

Fulfillment

Retalon

AUGUST 22, 2023

Ready to master the art and science of profitable online retail pricing? Understanding the Basics of Ecommerce Pricing Strategies Before looking at specific tactics and tools, we need to cover some ecommerce pricing fundamentals. Inelastic demand for a higher-priced product can lead to excess inventory accumulating.

Marketing

Retail Focus

MAY 29, 2025

Sports retail has transformed remarkably over the years, moving from traditional high street shops to the dynamic world of online bargains. At the heart of this transition is the changing consumer demand and the quest for convenience, variety, and value. The digital discount revolution has taken the sports retail world by storm.

Sporting Goods

Retail Dive

JULY 7, 2025

As import duties have see-sawed in recent months, several retailers have rushed or paused shipments to avoid the steepest tariffs, complicating inventory management. Cost accounting is also more accurate because it leverages the actual cost of inventory, according to Mike Sansone, partner in Kearney’s consumer practice.

Accounting