Retail Minded

AUGUST 27, 2022

The lucky ones managed to balance stock levels reactively, replenishing a steady. final nail in the coffin for retailers – while other reports describe merchants being overstocked. inventory’ by making additional markdowns across the board. service they provide. by more than 30% with no space to keep it all.

Merchant Services 98

Merchant Services Drop-Shipping Markdowns Planning 98

Independent Retailer

AUGUST 19, 2022

Total search volume for “Halloween” from mid-August to early November even rivaled key Christmas keywords in December, suggesting an exciting opportunity for merchants this year. Exceptional service: If a customer has a poor experience with a delivery person, the results range in lasting, negative effects.

Shipping 85

Shipping Merchant Services Consumer Returns 85

Retalon

AUGUST 2, 2019

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. Merchants and inventory managers attended more co-planning meetings.

Merchant Services 39

Merchant Services Fulfillment Accounting Markdowns 39

Retalon

AUGUST 2, 2019

Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). Prices (markdowns, promotions, competitor prices, etc.). Predictive analytics systems go beyond traditional forecasting by letting you unify processes within your business.

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Indigo 9 Digital

FEBRUARY 28, 2023

Source: Bloomberg "[Forever 21] has lost much of the excitement and oomph which is critical to driving footfall and sales and is now something of an also-ran which is too easily overlooked," said Neil Saunders, the managing director of GlobalData Retail. An inability to leverage social media effectively. and ultimately profitability.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

JUNE 22, 2020

Demand forecasting is the process of removing the effect of factors that influence sales data to uncover true past demand for your products at all locations and channels. It’s a must have for any merchant that wants to experience success with their retail business in the digital age. Demand Forecast Definition. Conclusion.

Merchant Services 41

Merchant Services Markdowns Promotions Location 41

Retail TouchPoints

NOVEMBER 3, 2020

Retailers, particularly those in the apparel, footwear and soft goods verticals, have an opportunity to turn the lemons from COVID-19 into lemonade, according to Keith Jelinek and Richard Maicki, Managing Directors in the Performance Improvement Practice of Berkeley Research Group (BRG).

Drop-Shipping 183

Drop-Shipping Merchant Services Fulfillment Shipping 183

Retalon

AUGUST 5, 2020

Throughout the history of retail, success and failure has come down to how well a company manages — and profits from — its inventory investment. Inventory management teams calculate the In-Stock Percentage by dividing the number of stores that have a SKU in stock by the number of stores that should stock that SKU. In-Stock Percentage.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

Retail Prophet

JULY 18, 2022

Soon, merchants everywhere began to experience what many thought could only happen in third-world economies and banana republics – panic buying, empty shelves and bottomless backlogs to fill them. McClean had managed to reduce the cost of loading and unloading cargo from $5.83 It proved a short journey with long lasting consequences.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59