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As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. And don’t forget the shopper looking for that end-of-season deal.

Markdowns 272
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Reebok Pacific GM talks new Chadstone store and growth plans down under

Inside Retail

AS: We’ve never had retail stores in this market, so it’s really exciting. Our Chadstone store is perfectly located – positioned amongst some of the leading brands in the market – and enabling us to highlight the story and history behind Reebok. There will also be more locations to come across other states.

Planning 246
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The Data Dilemma with Retail Pricing and How to Untangle it

Retail TouchPoints

Many retailers are worried that they don’t have all the data at their fingertips, like product data, customer data, transactional data, when items sold, on what device and more. Begin with what you have and build a plan to fill in the gaps. Everyone starts somewhere, and it’s OK wherever you are at in your data journey.

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8 key points to master your range planning

Inside Retail

Range planning: Significant enough in the buying and merchandising cycle to send a shiver down the spine of your team when the new season rolls around. But, range planning doesn’t have to be intimidating, after all, it can be a very prudent task once your stylish and financial ducks are in a row. Pricing & margins.

Planning 130
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How Halara uses machine learning to make just the right amount of activewear

Inside Retail

Hirata sat down with Inside Retail to discuss the brand’s growth strategy and its upcoming plans for building a physical in-store presence. Strategies behind Halara’s success A large part of the brand’s exponential growth boils down to this question: “How can you predict and make the right amount of units for customers to price for?”

Markdowns 130
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Eddie Bauer Aims to ‘Eliminate Barriers to the Outdoors’ with New Rental Program

Retail TouchPoints

Eddie Bauer is following the lead of other top retailers and getting into the rental business with the launch of a new program that will allow customers to rent its technical apparel and gear at “a fraction of the full retail price.”.

Outdoor 299
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Goodbyes’ roadmap for national expansion and a store in every city

Inside Retail

But even with six, we’re proud to be the largest secondhand bricks-and-mortar retail service in Australia, and our plans are to achieve broad nationwide expansion in the next couple of years. This year and going forward has been [about] securing retail properties, so the right leases and the right spaces.

Fashion 244