Retail TouchPoints

DECEMBER 12, 2023

Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Ending the Tradition of Blanket Markdowns Enter this year’s holiday shopper.

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Markdowns Retailing Pricing Promotions Fulfillment 255

Retail TouchPoints

DECEMBER 22, 2022

With margins being squeezed from rising inflation and inventory challenges, brands need to better align pricing with the current market conditions and consumer demand. Today, most pricing decisions are based on intuition, competitive benchmarking and/or past sales. The Four Pricing Pillars Brands Must Consider.

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Inside Retail

MAY 30, 2024

Having launched as a strictly direct-to-consumer brand, Halara is switching things up and will be hosting its first-ever pop-up shop at 470 Broadway in New York City. I love that Target refers to consumers as guests, and I think Target will help the guests into our [company’s] space,” the chief brand president mused.

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Retalon

JANUARY 17, 2022

A good retail pricing strategy is integral – but is it enough? Setting an optimal product price can be a challenging task in today’s dynamic and data-driven retail environment. Missing the mark when setting prices can have a drastic effect on sales and the overall profitability of a retail business.

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Retail TouchPoints

JANUARY 3, 2023

As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. Five Key Automated Threats Impacting Retailers’ Bottom Line.

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Inside Retail

DECEMBER 19, 2023

This is known as pre-consumer waste and includes scraps, offcuts, and rejected garments that are discarded during the production stage. Meanwhile, sustainable fashion business models like resale, rental and repair only unravel the post-consumer garment waste problems. There’s no rush for them to always get rid of any markdowns.

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Wiser

MARCH 17, 2020

There’s a reason why it’s hard to go shopping and come home with only one item. The one we’re focusing on here is charm pricing. Charm pricing is a common strategy to get consumers to buy a product—or multiple products—with certain prices. Charm Pricing Definition. Pricing something at $19.95

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