Remove Department Stores Remove Management Remove Markdowns
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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.

Markdowns 241
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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].

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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.

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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.

Markdowns 311
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Good, better, best: How Myer is winning during the ‘shift to thrift’

Inside Retail

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.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

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.

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5 Seasonal Merchandise Best Practices (2021)

Retalon

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.