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Meet the new online outlet mall targeting Gen Z and millennial consumers

Inside Retail

Another differentiator between TheDOM.com and existing discount platforms is the fact that it aims to consolidate all off-price activity in one location. From tactical promotions, to markdowns, to engineered lines – similar to what you might see in an outlet mall, for example – all the way through to clearance,” Seskin said. “If

Consumer 246
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What is Price Management and Optimization?

Retalon

You can manage prices without optimizing them, but you run the risk of poor margins, higher costs, and down-stream inventory challenges (markdowns, out-of-stocks, etc.). . Price management is the process of setting prices, communicating changes through the organization, and updating pricing as things change in the business.