Remove Consumer Remove Markdowns Remove Outdoor
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Academy Sports + Outdoors Expands Revionics Partnership to Optimize Customer-Centric Pricing

Retail TouchPoints

Academy Sports + Outdoors will extend its use of Revionics’ pricing intelligence software. Additionally, with the Revionics Markdown application, Academy can clear seasonal inventory quickly and profitably to keep its on-shelf selection fresh.

Outdoor 235
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Why is Average Unit Retail (AUR) Important?

Wiser

In this case, perhaps decreasing prices slightly is the better course of action, as there’s not enough consumer demand—or desire—to buy more units at your current prices. The total revenue must be post-markdown to reflect its price at sale. ” Of course, it’s important to calculate AUR properly to get accurate data.

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AI-powered inventory: The smarter way to balance stock and boost sales

Inside Retail

From ensuring high-demand items are always available to minimising markdowns on short-lifecycle products, the pressure to get inventory right has never been greater. As SKU counts rise into the thousands and consumer demand shifts unpredictably, manual forecasting and static replenishment models fall short.

Markdowns 130