article thumbnail

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. The company has since reopened 700 stores, with the remaining stores slated for reopening to be reopened over the coming weeks.

Markdowns 134
article thumbnail

As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Ending the Tradition of Blanket Markdowns Enter this year’s holiday shopper. Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days.

Markdowns 267
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Quick and Easy Guide to Multiple Store Planning

Retail Smart Guys

Dealing with a single retail store can already be a handful. How much more if you need to handle multiple stores? Going over your inventory, finances, open-to-buy planning, etc., Well, this can be true if you are not using the right approach in handling multi-store accounts. Retail Smart Guys ’ has the solution.

article thumbnail

A Quick and Easy Guide to Multiple Store Planning

Retail Smart Guys

Dealing with a single retail store can already be a handful. How much more if you need to handle multiple stores? Going over your inventory, finances, open-to-buy planning, etc., Well, this can be true if you are not using the right approach in handling multi-store accounts. Retail Smart Guys ’ has the solution.