Remove Dead-Stock Remove Location Remove Point of Sale
article thumbnail

Breaking Barriers: How Brick-and-Mortar Retailers can Deliver Exceptional Customer Experiences

Retail TouchPoints

People have been saying “Retail is dead” for several years now. Comparable store sales increased 9%, and the company’s gross margin increased to 58.8%. No, retail isn’t dead. Bad retail is dead. For example, your sales data can tell you what day of the week and time of day stores see the heaviest foot traffic.

article thumbnail

5 years after US bankruptcy, Roots notches third quarter of sales growth

Retail Dive

Sales grew 6.7% As part of a multiyear strategy, Roots is closing underperforming stores and focusing resources on “high potential locations” that have strong brand resonance, customer engagement and long-term profitability, CEO Meghan Roach said on a call with analysts. In-stock levels also improved in the quarter.

article thumbnail

The Future of Retail in the New Era of Risk

Retail Prophet

The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. The myopic focus on low price has lead to an epidemic of markdowns and dead stock. Image Credit: Hip To Save). Rebuild for Transparency. Becoming a Force for Good.