Remove Department Stores Remove Management Remove Markdowns
article thumbnail

Inventory Management Tips for Retailers to Reduce Overstock and Increase Profits

RETAIL MANAGEMENT SOFTWARE

Whether you’re selling sneakers, sofa sets, or fine jewelry, carrying too much stock ties up cash, eats up space, and leads to markdowns. With the right Inventory Management Tips, you can recover value, reclaim space, and even drive customer engagement. However, in reality, it’s a silent drain.

article thumbnail

David Jones, LSKD reveal how their Black Friday sales are performing so far

Inside Retail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Experts discuss Printemps’ chance of success in the US retail market

Inside Retail

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].

article thumbnail

Rack Room Shoes names chiefs of digital, merchandise

Retail Dive

General Merchandise Manager Brian Burnett, who has been with the company for nearly nine years, has been named chief merchandise officer. With his promotion, Burnett will spearhead the brand’s product and merchandising strategies, with the logistics department reporting directly to him, per a company spokesperson. TechTarget, Inc.s

article thumbnail

Ikea wants to make smart home tech easier to use, more affordable

Retail Dive

A smart home hub, like the company’s Dirigera, is required to add Matter-enabled products to a home setup. “Until now, smart home technology hasn’t been easy enough to use for most people, or affordable enough for many to consider,” David Granath, range manager at Ikea of Sweden, said in a statement. You can unsubscribe at anytime.

article thumbnail

Myer picks up new national distribution centre in online, efficiency push

Inside Retail

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.

article thumbnail

Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

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.