Retail Focus

FEBRUARY 4, 2025

Predictive analytics provides retailers with a data-driven approach to demand planning and inventory management. Optimised Pricing Finding the optimal price point to maximise profits while remaining competitive is a constant balancing act in retail. This boosts efficiency and allows staff to focus on high-value tasks.

Inventory Management 162

Inventory Management Markdowns Checkout Customer Experience 162

Retail TouchPoints

JULY 29, 2020

For example, sustainable ‘rental fashion’ is one phenomenon taking over the industry as Millennial and Gen Z consumers, who value access over ownership, buy into the concept of hiring clothing at a fraction of the retail price. This makes clear how radical the impact of digital transformation has been in nearly every industry.

Payment Services 200

Payment Services Fulfillment Location Consumer 200

Retail Focus

SEPTEMBER 7, 2021

Scenario planning must be extended further to model for the unpredictability of full or part-closures of ports caused by Covid outbreaks, cross-border delays linked to Brexit reforms and the impacts of rising costs on margins and retail prices. What is driving consumer returns? How long does it take to process a returned item?

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

365 Retail

DECEMBER 7, 2021

But the retailer said it was confident it could keep the shelves fully stocked and “fulfil our plans” despite the action by the Unite and Usdaw unions. We hope that the company is listening and that they will return to the negotiating table with a better deal that is acceptable to our members.

Fulfillment 64

Fulfillment Returns Supermarket Planning 64

Mass Relators

AUGUST 16, 2023

Second-quarter gross margin rate was 27%, up from 21.5 % in 2022, a trend the company attributed to retail prices increases, fewer markdowns, and lower supply-chain and digital fulfillment costs. Target’s operating income margin rate was 4.8%, compared to 1.2% a year earlier.

Markdowns 52

Markdowns Fulfillment Retailing Pricing Returns 52

365 Retail

DECEMBER 6, 2021

The union said the company had offered a 4% pay rise, describing it as “well below” the current retail price index (RPI) inflation rate of 6%. The current consumer prices index (CPI) is 4.2%. We have worked hard to deliver Christmas for our customers and are confident we will be able to fulfil our plans.”.

Fulfillment 52

Fulfillment Supermarket Retailing Pricing Planning 52

365 Retail

SEPTEMBER 7, 2021

Scenario planning must be extended further to model for the unpredictability of full or part-closures of ports caused by Covid outbreaks, cross-border delays linked to Brexit reforms and the impacts of rising costs on margins and retail prices. What is driving consumer returns? How long does it take to process a returned item?

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52