RETAIL MANAGEMENT SOFTWARE

JUNE 27, 2024

In today’s competitive retail landscape, department stores must continuously seek ways to enhance efficiency to stay profitable and keep customers satisfied. To help department stores optimize their operations, here are seven key best practices that can drive efficiency and success.

Department Stores 52

Department Stores Inventory Management Inventory Turnover Store Layout 52

Retalon

AUGUST 22, 2023

As a retailer, effectively managing your inventory is critical to the success of your business. One of the key inventory metrics retailers track is inventory turnover. Inventory turnover measures how many times a company sells and replaces its inventory during a period.

Inventory Turnover 41

Inventory Turnover Specialty Retailers Apparel Inventory Management 41

Retalon

FEBRUARY 10, 2025

As a business grows and introduces more products, locations, and channels, the complexity of managing merchandise planning increases exponentially. Spreadsheets, which work for small-scale operations, become cumbersome and unreliable for multi-location retailers managing thousands of SKUs.

Planning 41

Planning Inventory Turnover Markdowns Location 41

RETAIL MANAGEMENT SOFTWARE

MAY 13, 2025

For retailers in apparel, footwear, jewelry, sporting goods, specialty, home goods, and department stores, understanding performance at a granular level isnt just helpfulits essential. KPIs by Vertical: Why They Matter Apparel & Footwear Manage seasonal demand and reduce overstock. Formula: Total Sales Store Area in Sq.

Dead-Stock 107

Dead-Stock Sporting Goods ATV Jewelry 107