Inside Retail

MARCH 5, 2025

Lendrum brings a wealth of experience to the role, having previously held positions at Saint Laurent, Gucci and Ralph Lauren as president for the North American market. “Laura’s experience in luxury, fashion, digital and hospitality is a perfect match for us,” said Bellaiche.

Retail Marketing 130

Retail Marketing Department Stores Marketing Markdowns 130

Retail TouchPoints

OCTOBER 15, 2021

Because of efforts to address this mismatch of product and real-world sizing, Coresight Research estimates that the value of the extended-size market for women will grow to $32.3 this year alone, representing approximately 21% of the total women’s apparel market. billion in the U.S. But it’s not just about listening; it’s about action.

Consumer 290

Consumer Merchant Services Markdowns Fulfillment 290

Inside Retail

SEPTEMBER 3, 2024

Retailers are integrating AI with bricks-and-mortar shops and online platforms to give the shopping experience a remarkable transformation, enhancing both customer satisfaction and operational efficiency. Automated checkout experiences: Retailers such as Apple are pioneering checkout-free shopping.

Loss Prevention 245

Loss Prevention Checkout Shrinkage Supply Chain Management 245

Retalon

FEBRUARY 10, 2025

A small mistake, such as misplacing a decimal point or linking to the wrong cell, can lead to inaccurate sales forecasts, incorrect inventory allocations, or miscalculated markdowns. Conversely, if demand drops but a retailer continues to rely on old forecasts, they may over-order stock, leading to excess inventory and unnecessary markdowns.

Planning 41

Planning Inventory Turnover Markdowns Location 41

Retalon

AUGUST 16, 2019

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. A luxury brand, for example, may offer a higher level of service to individual customers, but avoid things like items or prices particular to a region, so as not to dilute the brand value.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

AUGUST 16, 2019

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. A luxury brand, for example, may offer a higher level of service to individual customers, but avoid things like items or prices particular to a region, so as not to dilute the brand value.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

SEPTEMBER 11, 2020

Traditional forecasting methods struggle in the face of today’s dynamic retail market. In the past, retailers could reserve SKU-level forecasting for the most important products and cover the rest of the assortment in category-level (or sub-category-level) forecasts. Image Credit: SupplyChainDigest.

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41