Independent Retailer

JANUARY 20, 2023

Many of these companies get their products from retailers that are going out of business, from unwanted customer returns, or shelf pulls — ultimately offering you the best deal for these cheaply-sourced items. This extra merchandise can be from customer returns, seasonal changes, overstocks, or imperfect qualities.

Beauty and Health 75

Beauty and Health Wholesale Accessories Returns 75

365 Retail

NOVEMBER 13, 2023

Seasonal demand stands out as a challenging time with wildly fluctuating orders for stock or services. We’ll look at what seasonal demand means and its impact on retail businesses, coupled with actionable insights on dealing with related obstacles while taking action to optimise profitability. What Is Seasonal Demand?

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52

Inside Retail

JUNE 22, 2023

But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? Success] will be very much about stealing market share from competitors,” Brookes said.

Customer Retention 246

Customer Retention Consumer Accessories Marketing 246

Independent Retailer

MARCH 20, 2023

A big trend among some online sellers is buying Amazon return pallets and overstock and flipping the items for big markups. What are Amazon Return Pallets? Why Would You Want Amazon Return Pallets? Where to Buy Pallets What is the best time to buy Amazon return pallets? What is the Process? Refurbish broken items.

Returns 73

Returns Shipping Payment Services Accounting 73

Independent Retailer

SEPTEMBER 8, 2022

From supply chain struggles and delayed shipments to empty shelves and increasing inflation, retailers are yet again facing a myriad of struggles this holiday season. Retailers that continue to learn how these consumers are adapting their behaviors are likely to enjoy greater loyalty and wallet share.

Finance 84

Finance Returns Shipping Promotions 84

Retalon

MAY 17, 2024

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

Retalon

FEBRUARY 10, 2022

So, a retailer who wants to gain the competitive edge while avoiding undue losses, needs to be able to spot the indicators of bad inventory and know how to fix them at the root. You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. A high cost of overstock management.

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 41

Inside Retail

NOVEMBER 27, 2023

In the ever-evolving retail landscape, technology has swiftly moved from being a novelty to becoming the linchpin of both operational and customer-centric strategies. Today’s consumers might browse products online and then feel, try and buy them in physical stores.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Inside Retail

AUGUST 25, 2022

Here is a part one , featuring insights from Strandbags Group CEO Felicity McGahan, Brand Collective CEO Eric Morris and Feathers founder Margaret Porritt. Approach: The Good Guys had a phenomenal sales culture that we benefited from enormously. Michael Ford. CEO, Greenlit Brands. You look at all of those controllables very closely.

Drop-Shipping 130

Drop-Shipping Markdowns Management Shipping 130

Independent Retailer

JANUARY 18, 2023

Consumers are in the market for value, and smart wholesale companies provide independent retailers with product and pricing options that promote high profit margins, stimulate consumer interest, and enable brands to offer goods at bargain prices. There seems to be money from overseas coming into the U.S., Direct Liquidation.

Wholesale 76

Wholesale Beauty and Health Payment Services Merchant Services 76

Retalon

APRIL 14, 2021

How can retailers stay on top of this complexity? A successful assortment strategy will need to take many different elements into consideration from a retailer’s identity and vendors, to store capacities, consumer demand, and profitability. Everything you need to know about product assortment strategy.

Markdowns 41

Markdowns Planning Location Accounting 41

Retalon

FEBRUARY 14, 2024

The push for personalization is evident as 80% of consumers show a preference for purchasing from retailers that offer personalized experiences Accenture. Through the critical lens of data analysis, businesses are steering towards a more informed and strategic approach. Each plays a unique role in addressing retail challenges.

Inventory Management 41

Inventory Management Management Consumer Marketing 41

Retalon

NOVEMBER 11, 2021

The pressure for transformation is coming from all sides, as consumers expect a more streamlined shopping experience, workers expect flexibility and modernity, and competitors like Amazon win more market share using cutting edge tech as their advantage. Security (cameras, facility access). Productivity software (Word, Excel, Outlook, etc.)

Fulfillment 41

Fulfillment Markdowns Promotions Shipping 41

Retalon

APRIL 21, 2021

Omnichannel order fulfillment that drives customer experience (and boosts profits). In retail, omnichannel fulfillment is the process of getting products to customers across many different channels (delivery from DC, drop-shipping, in-store pickup, contactless pick-up, etc.). What is omnichannel order fulfillment in retail?

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

OCTOBER 8, 2020

But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to. Get it right, and your profitability soars. Below, we’ll describe 7 guaranteed inventory reduction ideas in some detail.

Markdowns 41

Markdowns Inventory Management Promotions Planning 41

Retalon

SEPTEMBER 11, 2020

In order to understand how to take full advantage of this new technology, we will first explain what demand forecasting actually is, the most common methods of demand forecasting in retail, key constraints that need to be accounted for, and modern examples of accurate demand forecasting. What is Demand Forecasting?

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Bindo

MAY 30, 2018

Guest Post from Lisa C. Most business owners today who sell products understand the notion of inventory management and how it can affect their bottom line. Losing money due to overstocking. Dunn at TechnologyAdvice. For those stores that practice smart inventory management , product turnover can increase.

Inventory Management 40

Inventory Management Management Fulfillment Consumer 40

Retalon

JULY 4, 2018

So how can retailers reconnect with their customers? We’ll focus on how Retalon predictive analytics can convert data to tangible actions, building a consistent experience for your customers, and stay agile and flexible enough for such a dynamic reality in multi-channel retailing. Here’s the list of stores closing this year.).

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

I Vend

NOVEMBER 7, 2023

Read more Retail operations are built on a number of interlocking processes, each of which feeds into, or from the others. Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform.

Inventory Management 95

Inventory Management Point of Sale Management Returns 95

I Vend

NOVEMBER 6, 2023

As the holiday season 2023 approaches fast, retailers face a combination of factors that look set to make it a challenging one. Read how our analytics system helps retailers with personalization. weeks, down from a pre-pandemic shopping season of 7.4 weeks, down from a pre-pandemic shopping season of 7.4

Inventory Management 80

Inventory Management Management Point of Sale Returns 80

Retail Geek

NOVEMBER 30, 2022

Episode 299 is a discussion of Thanksgiving Week 2022 from a retail perspective with Rob Garf , Vice President and General Manager, Retail at Salesforce. We make liberal use of real-time data from Salesforce Shopping Insights HQ, which tracks how 1.5+ A weekly podcast with the latest e-commerce news and events. Transcript.

Fulfillment 52

Fulfillment Returns Shipping Consumer 52

Retalon

NOVEMBER 2, 2021

Future retail growth and profitability depend on sustainable supply chains. If you’re paying close attention to the industry, you’ll realize that sustainability in supply chains is not just advisable, it is the key to survival (and profitability) for today’s retailers and CPGs. The globalization gravy train has stopped.

Supply Chain Management 41

Supply Chain Management Dead-Stock Markdowns Shipping 41

Retalon

SEPTEMBER 11, 2020

Fashion and apparel retailers are also dealing with distribution of sizes, colors, and styles, all of which are complicated further by shifting seasonality. The variations in fit and color between brands and styles causes an increase in product returns. Source: Mckinsey & Company report. Fashion Retail’s Unique Challenges.

Fashion 41

Fashion Markdowns Promotions Accounting 41