Small Biz Trends

JULY 28, 2025

An efficient inventory management plan integrates data from purchasing, shipping, and warehousing, allowing you to meet customer demand without excessive costs. In industries like Apple and fashion, products can lose value quickly, so regular inventory assessments are vital.

Inventory Management

Small Biz Trends

JUNE 14, 2025

In today’s fast-paced market, demand volatility can feel like a constant storm, throwing your business plans off course. Lessons Learned from Failures Fashion Store A : This small business failed to anticipate a sudden shift in consumer preferences, leading to significant excess inventory.

Inventory Management

Retail Dive

JULY 11, 2025

A company like Rack Room Shoes not only needs to deliver great value but needs to be very forward thinking in terms of trends and fashions. “The footwear market has been tough over the past few years as customers have become pickier about footwear and more budget conscious,” Neil Saunders, GlobalData managing director said in an email. “A

Payment Services

Retail TouchPoints

MARCH 19, 2025

Ive often imagined a fashion store laid out like IKEA, with themed rooms for work attire, weekend getaways or special events. If one stores best-selling sweater lags at another, you can shift stock accordingly and reduce markdowns. Occasion-Based Layouts: Sometimes it helps to think outside traditional categories.

Visual Merchandising

Retail TouchPoints

JANUARY 7, 2021

These insights are a powerful way to gauge consumer demand for sustainable products with current and past sales data, identify the most profitable promotional strategies, and minimize markdowns and waste from the start. Businesses can then better predict and measure markdown results while dynamically updating markdown plans.

Markdowns

Wiser

APRIL 7, 2020

Altering your price, particularly through markdowns, can be a smart strategy, but only if done correctly. Unsuccessful or excessive markdowns can lead to staggering losses in terms of missed revenue and a lower margin on your goods. What are Retail Markdowns? How to Implement a Markdown Strategy. Don’t believe us?

Markdowns

Retail TouchPoints

OCTOBER 15, 2021

More and more, that means rethinking product development and expanding their sizing and assortment planning to represent a wider range of sizes and body shapes. But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base.

Consumer

Inside Retail

JUNE 1, 2021

TheDOM.com (DOM stands for Digital Off-Price Mall) will offer discounted designer fashion, streetwear and activewear from more than 90 leading Australian and international brands when it goes live in the second half of June, and there are plans to expand into additional categories, such as homewares, electronics and travel, in the future. “I

Consumer

Inside Retail

FEBRUARY 9, 2022

An increase in volatility in any one of these variables would be troublesome for a retailer, but when all six are in play it makes for a perfect planning storm. For discretionary retailers – fashion, homewares, sporting goods and the like – the balancing act is harder. Merchandise Planning – the hardest job in the business.

Planning

Retail TouchPoints

MARCH 3, 2023

In the fourth quarter, we benefited from our disciplined inventory approach and compelling gift-giving strategy, which allowed us to provide fresh fashion and style at great values for all our customers,” said Jeff Gennette, Chairman and CEO of Macy’s in a statement. “We during Q4, but they were up 0.6% at its flagship banner and up 5.8%

Markdowns

Inside Retail

MARCH 15, 2022

With customer demands coming in hotter and the stakes higher than ever, assortment planning is the key to profit growth. Here, we help you avoid profit margin mayhem with a considered, data-driven assortment plan. What is assortment planning? Why is assortment planning important? This is all managed by the store grading.

Planning

Inside Retail

APRIL 17, 2023

From essentials – at the supermarket and the petrol pump, in the mortgage and in the power bills – to the not-so-essentials, such as the local café, the fashion boutique, the travel agent and the new car dealer. Tread carefully because markdowns will bite hard if you misjudge stock weights.

Department Stores

Inside Retail

JANUARY 26, 2022

New York fashion designer Lindsay Nicholas started her business seven years ago as a side hustle while working in marketing in Singapore. Here, we chat with Nicholas about what sets the New York fashion scene apart, how her business fared in Covid, and why she’s committed to physical retail. What brought you to Melbourne?

Fashion

Retail Wire

MAY 18, 2021

The fashion label is planning to offer additional features include customized patterns and logos over the next year. David Lauren, the company’s chief innovation and branding officer and vice chairman of the board, said that the customized polos will enable the company to reduce waste, limit inventory and cut markdowns on the brand.

Markdowns

Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns.

Drop-Shipping

Retail Gazette

JANUARY 8, 2024

The retailer bolstered its online offer last month by adding 10 new third-party fashion brands to its website including Quiz, Yumi and Vanilla with more planned for later this year. rise in sales for the period to £288.6m.

Markdowns

Inside Retail

MAY 30, 2024

Hirata sat down with Inside Retail to discuss the brand’s growth strategy and its upcoming plans for building a physical in-store presence. As Hirata remarked, “Often you can’t, that’s why brands do markdowns like discounts or sample sales, or even why inventory sometimes goes straight to the landfill.” What’s next for Halara?

Markdowns

Inside Retail

AUGUST 25, 2022

Laura Inman, non-executive director at Super Retail Group and chair of Melbourne Fashion Festival. Non-executive director, Super Retail Group , and Chair, Melbourne Fashion Festival. We spoke with customers, watched them shop and planned accordingly. Equally, keeping all financial stakeholders informed and on side with plans.

Drop-Shipping

Retalon

SEPTEMBER 11, 2020

In today’s landscape, when a new fashion retail trend latches on, companies need to have the ability to make the right decisions quickly. So, why is advanced analytics so successful and what is the difference between the traditional approach and this new advanced approach to fashion analytics? Fashion Retail’s Unique Challenges.

Fashion

Inside Retail

JUNE 20, 2023

Similarly, AI can analyse social media images and fashion magazines to identify emerging trends, helping retailers stay ahead of the curve and stock products that will interest customers. The Louis Vuitton mobile app, for example, enables users to take photos of a Louis Vuitton bag and then shows them how and where to purchase it.

Markdowns

Retalon

MAY 10, 2024

If you have ever planned a family budget, you will easily understand Open to Buy (OTB). There are two types of families in household budget planning: those who operate on a tight budget, where planning is essential, and those for whom purchasing what they like at the moment is a priority, with budgeting taking a back seat.

Planning

Retalon

MAY 10, 2024

If you have ever planned a family budget, you will easily understand Open to Buy (OTB). There are two types of families in household budget planning: those who operate on a tight budget, where planning is essential, and those for whom purchasing what they like at the moment is a priority, with budgeting taking a back seat.

Planning

Retalon

FEBRUARY 10, 2025

A robust merchandise planning solution powered by AI-driven analytics is now a necessity for retailers looking to optimize inventory, forecast demand accurately, and enhance profitability. The traditional planning solution often resulted in inefficiencies, data silos, and costly errors.

Planning

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. After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

Fast Fashion

Retalon

MARCH 2, 2021

Business-Specific Analytics & AI for Fashion Retailers. But let’s be honest, what do fast food restaurants, automotive, luxury fashion, and an online pharmacy have in common? Run a promotion last year that you don’t plan for this year? The one constant in fashion retailing is that there are no constants.

Fashion

Retail Gazette

SEPTEMBER 17, 2024

Fashion brand AllSaints has reported another record-breaking performance, as profits surge. The retailer said the strong financial performance was driven by a reduction in promotional and markdown activity, as well as a changing sales mix with growth in wholesale, franchise and licensing channels. Operating profit rocketed 40% to £39.9m

Markdowns

Retail Gazette

MARCH 11, 2024

to £288.6m, which it attributed to the improved profitability to its sales performance, tight control of markdown, effective cost management, and positive movements in input prices. Matalan revealed last October its EBITDA came in at £47.9m in its second quarter, with sales up 0.8%

Markdowns

Retail Dive

JULY 24, 2025

To cope with the price hikes, they plan to buy items on sale (38%), purchase items from cheaper brands (29%), comparison shop (29%) and reuse supplies (28%). Nearly two-thirds (62%) of shoppers plan to buy their back-to-school items from discount stores, followed by Amazon (57%) and dollar stores or variety retailers (42%), the survey found.

Payment Services

Retalon

FEBRUARY 12, 2021

Critical Considerations for Retail Assortment Plans. A retailer’s assortment planning process can make or break their selling season (or even their entire fiscal year). But if you manage to predict consumer demand accurately and plan your assortment accordingly — you’ll rake in the profits. What is assortment planning?

Planning

Retail Gazette

MARCH 11, 2024

Matalan’s pandemic cost-cutting efforts returned the business to stable ground ahead of its sale last year, helping to provide a launchpad as it steps up its transformation plans under CEO Jo Whitfield. in its second quarter, with sales up 0.8% Matalan said it will report its full year results for the current trading period in June.

Markdowns

Retail Dive

JULY 10, 2025

Seven in 10 luxury shoppers on TikTok have spent more than $1,300 on a single fashion item, typically after watching peer-led content. Dive Insight: Though TikTok is becoming a popular platform for finding high-end fashions, fewer are making immediate purchases. Please let us know if you have feedback. You can unsubscribe at anytime.

Department Stores

Retail Dive

JULY 28, 2025

retailers’ plans for investment in store intelligence technologies for the next year have skyrocketed over 150%, Coresight found. Some 60% of retailers have turned to AI to assist in loss prevention , with another 30% planning to do so in the next year, according to a February study from vision AI firm Everseen. In the U.S.,

Loss Prevention

Retalon

APRIL 14, 2021

Creating a product assortment strategy is necessary for retailers to have a holistic, long-view plan of their business. And it needs to fit into your retail planning process to ensure you’re still hitting your financial and inventory targets. Everything you need to know about product assortment strategy.

Markdowns

M19 Retail

MARCH 22, 2021

MIAMI, FLORIDA, March 22, 2021 – Mi9 Retail, the number one vendor for tier one retailers (RIS 2021 Software LeaderBoard) that enables them to automate and optimize merchandise management and retail planning is pleased to announce a strategic partnership with Planalytics, the leading provider of weather-informed demand analytics and insights.

Markdowns

Retalon

OCTOBER 24, 2023

Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost. How do retailers get into this mess? Incentives A current U.S.

Markdowns

Retalon

FEBRUARY 14, 2022

Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost. How do retailers get into this mess? Poor Demand Forecasting.

Markdowns

Retalon

DECEMBER 17, 2021

Typically unexpected, this situation can be extremely detrimental for retailers and also has the potential to create additional issues such as: Inventory Imbalances Overstocks Markdowns. For example, fashion retailers often see products with trending styles and colours pull sales from last season’s top sellers.

Markdowns