Inside Retail

NOVEMBER 27, 2024

However, many consumers only appear willing to buy if there’s a significant markdown involved, so where does that leave retailers? We have seen the trend for a few years now and have definitely joined the party in previous years.” Since 2021, LSKD has joined in on the “Black November” sales period, starting its discounting earlier each year.

Markdowns 241

Markdowns Promotions Advertising Department Stores 241

Inside Retail

MARCH 5, 2025

A year after the French luxury department store originally announced it would be launching its first US location, Printemps is officially opening a brick-and-mortar store in the heart of New York Citys financial district on March 21. The store will have less product and more good product [from legacy and niche luxury brands].

Retail Marketing 130

Retail Marketing Department Stores Marketing Markdowns 130

Inside Retail

JULY 22, 2021

Department store Myer has signed a ten-year lease on a new 40,000 sqm warehouse which will serve as the 120-year-old business’ new national distribution centre.

Markdowns 246

Markdowns Department Stores Fulfillment Inventory Management 246

Retail TouchPoints

MARCH 3, 2023

at Family Dollar stores, but even discounters are facing cautious consumer spending and employee pay raises that aren’t expected to pay off for some time. at Family Dollar stores, but even discounters are facing cautious consumer spending and employee pay raises that aren’t expected to pay off for some time.

Markdowns 311

Markdowns Operating Expenses Department Stores Planning 311

Inside Retail

APRIL 17, 2023

Last month, the department store reported its highest interim profit since 2014. Tread carefully because markdowns will bite hard if you misjudge stock weights. That’s a long explanation of what Myer CEO John King calls the ‘good, better, best’ model.

Department Stores 246

Department Stores Markdowns Boutique Supermarket 246

Indigo 9 Digital

FEBRUARY 28, 2023

After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. Large stores are inherently risky.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

JANUARY 7, 2021

With seasonal product life-cycles becoming ever shorter, retailers need more strategic and granular ways to plan their seasonal assortments so they can maximize revenue while minimizing markdowns. If you have 10,000 SKUs at 1,000 stores, you have to plan for 10,000,000 different seasonality curves. But this is easier said than done.

Markdowns 41

Markdowns Promotions Accounting Planning 41