Retail TouchPoints

DECEMBER 12, 2023

Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. 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.

Markdowns 260

Markdowns Retailing Pricing Promotions Fulfillment 260

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. What is BOPIS?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retalon

JUNE 11, 2021

And retailers are rushing to offer new fulfillment options, like “buy online, pick up in-store” (BOPIS), curbside pickups, cashless checkouts, drop-shipping, mobile shopping and more. Increased Carbon Footprint: The shift to “next-day” e-commerce has increased the logistics associated with fulfilling an order and accepting returns.

Fulfillment 41

Fulfillment Drop-Shipping Markdowns Returns 41

Retalon

SEPTEMBER 29, 2014

Meanwhile, mobile technology has surged allowing consumers to go shopping on their personal device from their pocket at anytime. What retailers need is a strategy to allow stores to become fulfillment centers. How do you build a smart fulfillment strategy? Moreover, these shifts have caused changes in customer expectations.

Fulfillment 36

Fulfillment Markdowns Shipping Inventory Management 36

Retalon

SEPTEMBER 29, 2014

Meanwhile, mobile technology has surged allowing consumers to go shopping on their personal device from their pocket at anytime. What retailers need is a strategy to allow stores to become fulfillment centers. How do you build a smart fulfillment strategy? Moreover, these shifts have caused changes in customer expectations.

Fulfillment 32

Fulfillment Markdowns Shipping Inventory Management 32

Retalon

NOVEMBER 29, 2014

Meanwhile, mobile technology has surged allowing consumers to go shopping on their personal device from their pocket at anytime. What retailers need is a strategy to allow stores to become fulfillment centers. How do you build a smart fulfillment strategy? Moreover, these shifts have caused changes in customer expectations.

Fulfillment 32

Fulfillment Markdowns Shipping Inventory Management 32

Retalon

APRIL 27, 2021

In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns. While pandemic-era safety concerns contributed to this growth, the selection and convenience that online shopping offers to consumers are the primary drivers. Order fulfillment automation. to optimize inventory for gross margins.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Indigo 9 Digital

SEPTEMBER 1, 2022

That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. This is part of Marks & Spencer’s strategy of "moving with the customer, where the customer is working and shopping" said Rowe. "We This is especially the case with Jaeger,” said an industry veteran. "We

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Retalon

MARCH 2, 2021

Destination resorts that run gift shops must account for occupation rates in their hotels as well as weather. . What fulfillment methods are you offering? What sizes should you offer for each product at each location? For instance, . What are your customer profiles? What channels do you promote through? Do you run promotions?

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retalon

APRIL 14, 2021

It needs to be relevant to the current (and upcoming trends), as well as sensitive to the unique geo0demographics of your channels and locations. Don’t use the same product assortment across all locations. Clustering retail locations by common attributes let you tailor the assortment more closely.

Markdowns 41

Markdowns Planning Location Accounting 41

Retail Minded

FEBRUARY 24, 2022

As ecommerce continues to boom, it has reinforced the need for retail brands to strengthen their online fulfilment and shorten click-to-customer cycle times. From when and where to what locations matter to them. That worked great when you knew the demand to fulfil ahead of time. 3 : SUPPLY CHAINS NEED TO BE MORE AGILE.

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Fulfillment Markdowns Specialty Retailers Consumer 111

Retalon

AUGUST 16, 2019

In any business undertaking that caters to a consumer marketplace, there are two major challenges – delivering an experience that feels personalized to shoppers, while simultaneously creating a consistent experience across retail locations and channels so that customer can enjoy the comfortable familiarity of your brand.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

AUGUST 16, 2019

Delivering an experience that feels personalized to shoppers, while also… Creating a consistent experience across retail locations and channels so that customer can enjoy the comfortable familiarity of your brand. This balance act can prove to be very tricky. This is the level of exclusivity their customers expect and prefer.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

AUGUST 20, 2019

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. The debate over bricks (physical locations) versus clicks (online stores) has long centered on several key factors, including: – Cost efficiency.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 20, 2019

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. The debate over bricks (physical locations) versus clicks (online stores) has long centered on several key factors, including: – Cost efficiency.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

MARCH 4, 2019

Retail is changing faster than ever, and keeping up fulfilment needs, competitive pricing, and trendy assortment is costly. It then calculates the demand of every individual SKU across each location and/or channel and then proactively makes profitable recommendations. This means that changes to plans are very cumbersome.

Inventory Management 32

Inventory Management Markdowns Planning Fulfillment 32

Retalon

SEPTEMBER 11, 2020

Demand varies based on the store’s location, the time of year, and the impact of other SKUs in the assortment. On top of that, even smaller retailers must address the multi-channel reality of today’s shopping environment. Those purchases may be fulfilled in-store, through direct shipments, or third-party fulfillment.

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

365 Retail

DECEMBER 5, 2022

Technology has advanced significantly and with brands now moving into their busiest season, consumers will continue to opt for convenient shopping both online and on the high street for the ideal purchase. . This way, they can enable the delivery of excellent shopping experiences. Fulfilment execution. Collaborative ecosystems.

Dead-Stock 52

Dead-Stock Fulfillment Markdowns Shipping 52

Retalon

AUGUST 14, 2023

Customers expect seamless integrated shopping experiences across channels – online, mobile, in-store, etc. For instance, the e-commerce team might be trying to run a promotion while stores have inadequate inventory to fulfill demand. Enhanced Gross Margins Traditional forecasts are often inaccurate, leading to steep markdowns.

Payment Services 41

Payment Services Fulfillment Planning Markdowns 41

Retalon

NOVEMBER 2, 2021

Simply put, they have the things you want, when you want them, close enough to your location to guarantee you’ll get them tomorrow. If losing money on easily solvable issues was not enough, retailers are struggling to hold on to market share as consumers choose a value-driven shopping experience.

Supply Chain Management 41

Supply Chain Management Dead-Stock Markdowns Shipping 41

Retalon

JULY 15, 2019

Not only do overstock situations force retailers to markdown inventory at the end of a season at slim-to-no profit margins, but it also takes up physical space in stores warehouses, accruing carrying costs, and ties up extra cash that could be used towards advancing business goals. 3. Logistics and fulfillment challenges.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32