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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

Managing retail supply chains is complicated, heads-down work. So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? Because better markdowns have the potential to significantly improve the traditional KPIs that supply chain teams are evaluated on.

Markdowns 208
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44% of UK shoppers want best-before date discounts to help cut grocery bills

Retail Focus

More recently, other grocers, including Aldi and M&S , have taken a similar course of action and removed use-by dates on fresh milk items. By leveraging dynamic markdown capabilities, retailers can accommodate all of these needs.”

Markdowns 147
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44% of Uk Shoppers Want Best-before Date Discounts to Help Cut Grocery Bills

365 Retail

More recently, other grocers, including Aldi and M&S , have taken a similar course of action and removed use-by dates on fresh milk items. By leveraging dynamic markdown capabilities, retailers can accommodate all of these needs.”

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From Barcodes to Bytes: Retailers Prepare for Next-Generation UPC

Retail TouchPoints

Get ready, get excited, retailers and customers alike, the 2D barcode, a compact square label with splotches and spaces that encode up to 350X more data than a traditional UPC (4,000 characters) will have a significant impact on managing the business and delivering better customer experiences.

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Marks & Spencer’s Turnaround Strategy, Why it’s Working

Indigo 9 Digital

That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Ocado is an online grocer and Marks & Spencer paid £750 million for a 50% stake in Ocado’s UK retail business in 2019. 57% of Amazon’s unit sales in come from third party sellers on its platform.

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Price Optimization MythBusters: How to Meet Shoppers’ Needs While Achieving Your Business Goals

365 Retail

Throw in the whiplash effects of the global pandemic – intensely price-sensitive shoppers, disrupted supply chains, an unprecedented shift to online channels – and retailers are faced with a stark reality: nothing they could historically rely on as a foundation for pricing, promotion and markdown decision-making is still standing.