Remove Fulfillment Remove Markdowns Remove Planning
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Dollar General Plans 575 New Stores, 4,250 Remodels, Tests Same-Day Delivery

Retail TouchPoints

The company also announced that it was testing out same-day delivery in 75 stores with plans to expand to thousands of stores if the test performs well. New Project Elevate Plan Features Light-Touch Remodels of More Mature Stores In the retailers fiscal 2025 (which ends Jan. over the same quarter in 2023.

Planning 285
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How AI is Revolutionising the Retail Sector

Retail Focus

Predictive analytics provides retailers with a data-driven approach to demand planning and inventory management. This reduces overstocking and the need for massive markdowns. AI robotics and warehouse automation can significantly improve order fulfilment speed and accuracy.

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How retailers are protecting margins and profits amid economic uncertainty

Inside Retail

Putting older products through markdowns might not necessarily be the trigger [either], as customers want a quality product. Planning and forecasting carefully is important you dont want to get into a stock position where cashflow demands a fire sale to fund the next round of purchasing, Pavone said.

Markdowns 130
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The Future of Assortment Planning: AI-Driven Predictive Analytics

Retalon

In todays fast-moving retail landscape, outdated assortment planning methods lead to lost revenue, frustrated customers, and inefficient operations. Retailers using AI-based assortment planning have seen a 36% SKU reduction while increasing sales by 1-2% ( McKinsey ). Why Is Assortment Planning in Retail So Challenging?

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ChainDrive vs. Competitors: A Full Comparison of Apparel ERP Solutions for Fashion Retailers

RETAIL MANAGEMENT SOFTWARE

From managing rapidly changing trends and complex size-color-style matrices to orchestrating seamless omnichannel sales, an Enterprise Resource Planning (ERP) system must be a perfect fit. Dynamic Promotions & Discounts Engine: Configure, automate, and manage fashion-specific markdowns and sales campaigns.

Apparel 52
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Macy’s Leaders Answer 6 Big Questions About the Company’s Future at NRF

Retail TouchPoints

Spring described the plan as an opportunity to reimagine the Macy’s Inc. portfolio, and said hes pleased with the early results and plans to stay the course, despite some ongoing pushback from the shareholder peanut gallery. Springs response: This isn’t our first rodeo.

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Is Your Fulfillment Strategy Healthy Enough to Keep Pace with Customer Expectations?

Retail TouchPoints

By my recollection, the world of flexible fulfillment hit an inflection point about 15 years ago. It was at that point that putting the technology and operations in place to fulfill from an increasingly complex supply chain network embarked upon its next frontier. Let’s start with demand forecasting and inventory deployment.