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DICK’S Sporting Goods Launches New Outlet And Clearance Banners

Retail TouchPoints

DICK’s will open eight stores carrying the two new banners, giving the retailer a total of 11 outlet and clearance centers across nine states. OVERTIME by DICK’S Sporting Goods locations will offer an assortment of apparel, footwear and equipment at up to 75% off. Spartanburg, S.C. and Racine, Wis.

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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

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Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status

Retail TouchPoints

While the retailer incurred additional expenses from associate bonuses and other COVID-19-related expenditures, Dollar General was able to reduce markdowns, on top of benefiting from increased purchase volume. Closed Stores Lead To Losses, But Recovery May Be Right Ahead. of net sales, compared to 22.5% in Q1 2019.

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What is Price Management and Optimization?

Retalon

Before we go any further it is important to make a clear distinction between price management and price optimization : Price optimization is the process of identifying the optimal price point for any given product at any given location that will yield the highest profit. You cannot optimize prices without managing them, however.

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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

Get Granular With Unique Product / Locations What does this mean for price planning? A discount store for bargain hunters? Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.) What does this mean for price planning?