Remove Dead-Stock Remove Location Remove Planning Remove Promotions
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Retail Assortment Strategies: What Are They & How Do They Work?

Wiser

These are all examples of an optimized assortment plan. Too wide and you’ll end up with leftover dead stock. Successful retail assortment strategies will take many different factors into account, such as customer base, location, store capacity, etc. What Are Retail Assortment Strategies?

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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? An overly broad approach drives benefits in some locations, but would likely drive down performance KPIs at other locations because the approach is not localized enough.

Markdowns 207
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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

in addition to including a virtual live shopping component to make the experience available digitally in order to reach more luxury consumers wherever they are located. It can’t be dead stock or something that they had for two years. It looks like a permanent store. It has to be relevant,” said Tori Nichel. “

Consumer 321
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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

in addition to including a virtual live shopping component to make the experience available digitally in order to reach more luxury consumers wherever they are located. It can’t be dead stock or something that they had for two years. It looks like a permanent store. It has to be relevant,” said Tori Nichel. “

Consumer 130
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Understanding Furniture Inventory Management Software in 2023

Retalon

For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way. Powerful analytics help you optimize stock levels to drive sales, improve margins, and increase customer satisfaction. This visibility enables you to identify and correct issues with dead stock.

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5 Online Hacks to Boost Local Footfall to Your Store

Retail Next

So far in 2019, Macy’s, and even Walmart, have announced plans to close some of their stores, while Barney’s New York has filed for bankruptcy. 3 – Create promotional offers. Promotional offers are commonplace for e-commerce businesses, but not enough brick-and-mortar stores focus on this strategy. Final thoughts ….

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. direct-to-consumer e-commerce orders), retailers now have to worry about fulfilling orders across multiple complex channels and B&M locations. So Instead of optimizing one channel (i.e.