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Inventory Management Tips for Retailers to Reduce Overstock and Increase Profits

RETAIL MANAGEMENT SOFTWARE

According to the National Retail Federation (NRF), retailers lose an estimated $50 billion annually due to inventory distortion, which includes overstock and out-of-stock issues. With the right Inventory Management Tips, you can recover value, reclaim space, and even drive customer engagement. So, why wait?

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Consolidation and live shopping: Four e-commerce trends to watch in 2023

Inside Retail

This has already started unfolding in the Australian market, which has historically been much more supportive of specialty retailers. Over time, this will change traditional wholesale for the better. This may be the beginning of the end for traditional wholesale, where retailers buy stock in bulk and hold it themselves.

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Designer Brands Expands into Premium Athletic Footwear Category with Topo Acquisition

Retail TouchPoints

Post also worked with Vibram USA for 11 years , becoming the company’s President and CEO, managing the U.S. “They understand our brand mission, they support our strategy and focus around specialty retail, and they’re excited about our growing global footprint. . sole business and launching Vibram Five Fingers.

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Back-To-School Spending Poised To Top $100 Billion Even Amid Disruption

Retail TouchPoints

Retail, Wholesale and Distribution leader in an interview with Retail TouchPoints. With COVID-19 cases still on the rise, Americans are preparing differently for this back-to-school season,” said Dave Fisch, General Manager of Shopkick in an interview with Retail TouchPoints. “

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Retail appointments of the week

Inside Retail

Lelio’s track record of strong global leadership brings outstanding luxury expertise to Tom Ford Fashion across retail management, wholesale distribution, marketing, digital, and key markets including China,” Zegna said. “I In this role, Gavazza will report directly to Ermenegildo Zegna, chairman and CEO of Zegna Group.

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Will Saks Global create the ultimate department store behemoth?

Inside Retail

Marie Driscoll, a chartered financial analyst and a professor at Parsons, The New School and the Fashion Institute of Technology, told Inside Retail that the deal was inevitable considering the current state of US department stores. “The Ménil explained that this creates a “huge difference in terms of savoir faire”.

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Card Factory secures foothold into US with £20m Garven Holdings acquisition

Retail Gazette

.” Garven, which trades under the brands Garven Design and Cadence Packaging, specialises in the design and wholesale of gifts and celebration essentials. Chief operating officer Anne Schulze and chief financial officer Walter Jungbauer will remain in their roles to manage the Garven business.