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

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

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. If you’re looking to capture more market share, and what retailer isn’t, now would be the ideal time to do it.

Department Stores 246

Department Stores Markdowns Boutique Supermarket 246

Retail TouchPoints

MARCH 3, 2023

Now that supply chains have stabilized, Target is focusing its investments on areas that will help it compete in an increasingly tight market. We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales.

Markdowns 311

Markdowns Operating Expenses Department Stores Planning 311

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. Like Sears and Neiman Marcus, Forever 21 simply did not react to changes in the market fast enough.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Indigo 9 Digital

SEPTEMBER 1, 2022

That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Rather than a department store which sells food as an extra, Marks is metamorphosing into a grocery powerhouse which sells clothes and homewear as add-ons.".

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Retalon

JUNE 10, 2020

A discount store for bargain hunters? Depending on your brand messaging and your target market, your approach to pricing can be enormously different. Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.)

Planning 41

Planning Markdowns Promotions Accounting 41