What are Retail Markdowns?
Wiser
APRIL 7, 2020
In this article, we’ll cover what markdowns are and what you need to consider as you implement a markdown strategy. According to a 2019 study by retail think tank Coresight Research, retailers in 2018 completely missed out on roughly $300 billion in revenue, or 12 percent of total retail sales, due to markdowns. What are Retail Markdowns?
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