Remove Grocer Remove Inventory Turnover Remove Promotions
article thumbnail

How China’s Missfresh Makes Rapid Grocery Delivery Pay

Retail TouchPoints

As grocers around the world work furiously to meet consumers’ demand for delivery without breaking the bank, Chinese online grocer Missfresh looks to have a winning model. We’ll have different promotions in the afternoon or late evening period to make sure that we’re managing a good inventory turnover,” explained Chen. “It’s

Grocer 321
article thumbnail

Essential Knowledge for Streamlining Your Retail Audit Process

Wiser

Essential Knowledge to Optimize Your Retail Audit Process A well-executed retail audit provides critical visibility into everything from shelf conditions and associate performance to customer sentiment and promotional effectiveness. Photo documentationespecially for displays and endcapsensures promotional efforts are executed correctly.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

One of the key inventory metrics retailers track is inventory turnover. Inventory turnover measures how many times a company sells and replaces its inventory during a period. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital.

article thumbnail

How the Supply Chain Disruption Is Sparking Holiday Risk & Resilience

Rangeme

To offset rising costs: 59% of executives are increasing product prices or shipping costs for consumers 33% are using cost-based pricing to pass along higher costs to consumers 36% are taking a margin hit to keep prices constant 22% are reducing or eliminating planned promotions. 13 Unglesbee, Ben. Retail Dive. October 29, 2021. MarketWatch.