Retail Adventures

DECEMBER 1, 2024

It’s December, so we know that you have already made a list and checked it twice, but here’s a refresher, just in case… EVENTS ARE ESSENTIAL Customers need a reason to visit your store so plan on having at least one major and two minor in-store events in December. MASTER MARKDOWNS Plan now for your post-holiday markdowns.

Markdowns 52

Markdowns Cross Merchandising Returns Checkout 52

Retalon

FEBRUARY 5, 2025

In todays fast-moving retail landscape, outdated assortment planning methods lead to lost revenue, frustrated customers, and inefficient operations. Retailers using AI-based assortment planning have seen a 36% SKU reduction while increasing sales by 1-2% ( McKinsey ). Why Is Assortment Planning in Retail So Challenging?

Planning 41

Planning Markdowns Fulfillment Consumer 41

Small Biz Trends

JUNE 14, 2025

Enhance Communication: Strengthen relations with suppliers and staff by sharing insights about demand fluctuations to align production, sales, and marketing strategies. In today’s fast-paced market, demand volatility can feel like a constant storm, throwing your business plans off course.

Inventory Management 68

Inventory Management Boutique Consumer Management 68

Retalon

MARCH 21, 2025

AOP meaning – Annual Operating Plan, is a comprehensive strategic plan that outlines a companys financial goals, key initiatives, and operational tactics for the upcoming fiscal year. For retailers, an AOP serves as a central planning tool that drives alignment across departments and informs high-level decisions.

Markdowns 41

Markdowns Finance Promotions Planning 41

RETAIL MANAGEMENT SOFTWARE

JUNE 12, 2025

From managing rapidly changing trends and complex size-color-style matrices to orchestrating seamless omnichannel sales, an Enterprise Resource Planning (ERP) system must be a perfect fit. Dynamic Promotions & Discounts Engine: Configure, automate, and manage fashion-specific markdowns and sales campaigns.

Apparel 52

Apparel Fashion Wholesale Markdowns 52

Retail TouchPoints

JANUARY 13, 2025

Spring described the plan as an opportunity to reimagine the Macy’s Inc. portfolio, and said hes pleased with the early results and plans to stay the course, despite some ongoing pushback from the shareholder peanut gallery. Our best marketing investment is actually investing in the store.

Department Stores 281

Department Stores ATS Markdowns Marketing 281

Wiser

MARCH 14, 2025

Their days are a flood of supplier negotiations, promotional planning, and cross-functional meetingsall demanding swift, strategic decision-making. Additionally, they oversee promotional strategies, ensuring that discounts and marketing initiatives align with both retailer objectives and supplier funding.

Management 78

Management Inventory Turnover Promotions Markdowns 78

Retail Dive

JULY 11, 2025

Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. By Daphne Howland • Feb.

Payment Services 52

Payment Services Promotions Department Stores Markdowns 52

Inside Retail

FEBRUARY 24, 2025

From ensuring high-demand items are always available to minimising markdowns on short-lifecycle products, the pressure to get inventory right has never been greater. Yet, traditional inventory planning methods struggle to keep pace. With AI, they no longer need to make that trade-off. Consistent product availability builds trust.

Markdowns 130

Markdowns Inventory Management Planning Outdoor 130

Retail Dive

JULY 14, 2025

Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Beyond expanding its tech device lineup, Ikea is growing its store footprint.

Department Stores 59

Department Stores Payment Services Markdowns Sporting Goods 59

Retail Dive

JULY 14, 2025

Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. The retailer plans to open 20 this year. You can unsubscribe at anytime. By Retail Dive Staff • Jan.

Department Stores 95

Department Stores Markdowns Location Planning 95

Retail TouchPoints

MARCH 19, 2025

Targeted Marketing Campaigns: Low conversion on a new dress might mean it needs an influencer campaign or a style tutorial. By zeroing in on these clues, retailers can craft marketing that addresses real customer hesitations, ensuring each promotional effort feels relevant and timely.

Visual Merchandising 147

Visual Merchandising Dead-Stock Store Layout Markdowns 147

Retail TouchPoints

AUGUST 27, 2024

“With so many things happening over the last two years — the pandemic, political pressures, social justice protests, geopolitical and supply chain challenges — everyone stayed at a perfect moderate level of anxiety,” said Ericka McCoy, Chief Marketing Officer at analyst firm Resonate in an interview with Retail TouchPoints.

Markdowns 337

Markdowns Drop-Shipping Consumer Discount Store 337

Retail TouchPoints

JANUARY 7, 2021

sustainability market is projected to reach $150 billion in sales by 2021, and nearly half of consumers say they would definitely or probably change their consumption habits to reduce their impact on the environment. Businesses can then better predict and measure markdown results while dynamically updating markdown plans.

Markdowns 325

Markdowns Promotions Consumer Planning 325

Wiser

APRIL 7, 2020

Altering your price, particularly through markdowns, can be a smart strategy, but only if done correctly. Unsuccessful or excessive markdowns can lead to staggering losses in terms of missed revenue and a lower margin on your goods. What are Retail Markdowns? How to Implement a Markdown Strategy. Don’t believe us?

Markdowns 128

Markdowns Inventory Management Drop-Shipping Apparel 128

Retail TouchPoints

JUNE 8, 2022

Target is taking multiple actions to right-size its inventory, including additional markdowns, removing excess inventory and cancelling orders, as it makes room for merchandise including groceries and back-to-school supplies. The company also is planning to add five distribution centers over the next two years to support its supply chain. “We

Planning 279

Planning Supply Chain Management Markdowns Promotions 279

Retail TouchPoints

APRIL 27, 2021

The solution also will help Sally Beauty create more effective promotions through enhanced targeting and develop profitable markdown plans. Among the activities Americans plan to engage in during what Vagaro refers to as a “Quarantine Glow-Up” are enhanced skin and haircare routines — Sally Beauty’s sweet spot.

Markdowns 264

Markdowns Promotions Planning Target Market 264

Retail TouchPoints

NOVEMBER 29, 2022

Under the new market delivery model, large items are shipped directly from DCs to the customer, reducing the number of “touches” for each order and freeing up space at brick-and-mortar stores. Lowe’s kicked off the transition to the market delivery model in 2021 in its Florida and Ohio Valley regions. During the call on Nov.

Fulfillment 302

Fulfillment Markdowns Store Operations Shipping 302

Retail TouchPoints

JULY 18, 2023

As part of the new multiyear agreement — which builds upon a partnership that started in 2016 — Academy will use the Revionics Base Price and Markdown solutions to not only optimize its pricing strategy but better manage inventory levels throughout the product lifecycle.

Outdoor 235

Outdoor Markdowns Apparel Fulfillment 235

Retail TouchPoints

OCTOBER 15, 2021

More and more, that means rethinking product development and expanding their sizing and assortment planning to represent a wider range of sizes and body shapes. Because of efforts to address this mismatch of product and real-world sizing, Coresight Research estimates that the value of the extended-size market for women will grow to $32.3

Consumer 290

Consumer Merchant Services Markdowns Fulfillment 290

Wiser

AUGUST 15, 2017

In a perfect retail world, markdowns wouldn’t be necessary and every item would sell at full price within weeks of being in store. This is where markdowns come in handy, as the demand for a product diminishes, sales can encourage shoppers to purchase an item they wouldn’t have considered buying at full price. Plan Markdowns in Advance.

Markdowns 90

Markdowns Promotions Planning Shipping 90

Retail Focus

JUNE 3, 2021

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. Fortunately, there is well-established, proven science-based technology that enables retailers to offer carefully crafted prices, promotions and markdowns in online as well as brick-and-mortar channels.

Markdowns 200

Markdowns Promotions Shopping Planning 200

Inside Retail

JUNE 1, 2021

TheDOM.com (DOM stands for Digital Off-Price Mall) will offer discounted designer fashion, streetwear and activewear from more than 90 leading Australian and international brands when it goes live in the second half of June, and there are plans to expand into additional categories, such as homewares, electronics and travel, in the future. “We

Consumer 247

Consumer Markdowns Fulfillment Shopping 247

Retail TouchPoints

NOVEMBER 25, 2020

“With COVID and recent market dynamics, tracking variable costs in real time becomes even more important. “Shopper behavior is also less predictable today, requiring more creative experimentation in merchandising and marketing. .

Markdowns 251

Markdowns Fulfillment Shipping Marketing Spend 251

Retail TouchPoints

SEPTEMBER 1, 2023

In addition, the retailer is revising its planned same-store sales growth of 1.0% Gross profit as a percentage of net sales was 31.1% in Q2 2023, down from 32.3% in Q2 2022. to 5.0%, but is now predicting a more conservative growth rate of 1.3% to a range of -1.0% to 1.0%. billion and $1.7

Markdowns 264

Markdowns Apparel Planning Consumer 264

Retail TouchPoints

OCTOBER 3, 2023

When it came to inventory planning and optimization, stores were planned, allocated and/or replenished, and transacted with their customers entirely separately from the digital channel. This last, critical element (markdown avoidance) is the least fully adopted technique across the retail landscape today.

Fulfillment 286

Fulfillment Drop-Shipping Shipping Markdowns 286

Retail TouchPoints

SEPTEMBER 23, 2024

Navigating holiday retail pricing strategies during times of economic uncertainty requires a delicate balance between reacting to market conditions and maintaining profitability. Optimize Seasonal Promotion Plans Seasonal promotions are a staple in retail, but not all promotions are created equal.

Promotions 147

Promotions Markdowns Planning Retailing Pricing 147

Retail TouchPoints

FEBRUARY 15, 2023

So it could be markdown optimization or customer analytics or supply chain or assortment and merchandising — there are a lot of use cases that retailers tend to need. Retailers can then run “what if” simulations, calibrate demand forecasting, improve inventory planning, formulate strategies for supply chain segmentation and more.

Merchant Services 290

Merchant Services Markdowns Store Operations Planning 290

Retail TouchPoints

MARCH 3, 2023

Now that supply chains have stabilized, Target is focusing its investments on areas that will help it compete in an increasingly tight market. We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales. during Q4, but they were up 0.6%

Markdowns 311

Markdowns Operating Expenses Department Stores Planning 311

Retail TouchPoints

MAY 30, 2023

The company is looking to pivot Journeys to an off-mall strategy, with 13 locations out of a planned 25 already open. This was attributed to increased markdowns at Journeys offsetting an otherwise normalized promotional environment, which led to improved margins at the other businesses. “We Genesco’s gross margin was 47.3% in Q1 2023.

Location 243

Location Markdowns Accounting Promotions 243

Inside Retail

APRIL 17, 2023

You’ll probably have to adjust margins to implement this model effectively, and it’s likely that the ‘better’ offer will end up being the largest seller, so plan your orders accordingly. Tread carefully because markdowns will bite hard if you misjudge stock weights. And you’ll need a pre-planned mechanism to achieve that.

Department Stores 246

Department Stores Markdowns Boutique Supermarket 246

Retail TouchPoints

JANUARY 3, 2023

This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. With the right planning and foresight, retailers that prioritize bot defense will increase their competitiveness while reducing their risk and operating costs. Neil Cohen is Chief Marketing Officer at Kasada.

Merchant Services 306

Merchant Services Payment Services Accounting Checkout 306

Wiser

OCTOBER 12, 2021

Promotions influence shopper behavior , and consumers are conditioned to search for the best deals and prioritize brands and retailers who markdown products more often than the competition. Examples of TPRs include the standard dollars-off markdown, limited-time coupons, contests, rebates, and more.

Markdowns 147

Markdowns Promotions Consumer Planning 147

Retail TouchPoints

FEBRUARY 2, 2022

I’m an avid runner so naturally I’ve made this analogy, and it’s a great one to describe to retailers who are mired in the minutiae of pricing — especially as the market fluctuates in year two of the pandemic while Amazon makes a different move to any SKU multiple times a day and the supply chain is riddled with hiccups in every link of the chain.

Retailing Pricing 246

Retailing Pricing Markdowns Accounting Outdoor 246

Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns.

Drop-Shipping 200

Drop-Shipping Merchant Services Fulfillment Shipping 200

Inside Retail

AUGUST 26, 2024

LVMH-owned beauty giant Sephora is reportedly carrying out a significant workforce reduction in China, a move aimed at mitigating financial losses in the challenging market. The company plans to lay off approximately 4000 employees, which represents 10 per cent of Sephora China’s total workforce.

Markdowns 147

Markdowns Promotions Marketing Consumer 147

Wiser

JULY 19, 2017

The 4 P’s; product, placement, price, and promotions are basic components of a marketing plan. In a retail setting, marketing and merchandising teams decide on the 4 P’s. Optimizing product assortment to meet customer demands with the perfect product mix will maximize market share and profits. Pricing.

Marketing 84

Marketing Promotions Markdowns Advertising 84