Independent Retailer

DECEMBER 23, 2022

Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . ” Here are 7 tips for retailers on how to better manage their wholesale inventory and get rid of some of that product bloat: Return for a Refund or Credit. Retailers were sitting on $739.5

Inventory Management 76

Inventory Management Wholesale Management Markdowns 76

Inside Retail

JUNE 30, 2023

Unfortunately, Nike is facing the headwind of slower demand for sneakers and apparel which is pushing down wholesale orders, driving up inventory, and necessitating more marketing and promotional efforts to drive volume. The sports retailer has reported full-year revenue of $51.2

Markdowns 130

Markdowns Wholesale Apparel Promotions 130

Wiser

NOVEMBER 29, 2023

Understanding the difference between trade promotion and consumer promotion is crucial for any business seeking to maximize its market impact and sales potential. Trade promotions are directed toward the intermediaries involved in the distribution process, such as wholesalers, distributors, or retailers. What is Trade Promotion?

Promotions 146

Promotions Consumer Wholesale Advertising 146

Retail TouchPoints

SEPTEMBER 15, 2020

Savvy retailers are focusing more heavily on determining demand by geographic zones, using local data to inform prices, promotions and markdowns based on real-time consumer behavior. If you look at grocery stores as an example, many retailers were forced to sell eggs at a loss because their wholesale costs increased dramatically.

Markdowns 210

Markdowns Technical Support Promotions Wholesale 210

Inside Retail

JULY 4, 2023

That’s particularly true of the athletic footwear and apparel business in a growth market like China, where there are a lot of new entrants and the early movers are beginning to seriously sweat the competition. Nike, the market leader, is shrugging it off. Adidas, in its latest release, for the first quarter, reported an 11.9

Markdowns 147

Markdowns Apparel Wholesale Advertising 147

Wiser

JANUARY 12, 2021

Keystone pricing is a pricing strategy in which merchandise is marked up by exactly twice the wholesale price. Here’s how to calculate it: Keystone Price = Wholesale Price x 2. Keystone pricing is a pricing strategy in which merchandise is marked up by exactly twice the wholesale price. What is Keystone Pricing?

Wholesale 78

Wholesale Shrinkage Markdowns Returns 78

Retalon

MAY 10, 2024

Consider whether the budget is for the entire company or specific segments, such as the e-commerce division or the wholesale part of the business. If you plan to mark down products at a certain stage of the product lifecycle, such as the last trimester of the season, you need to adjust the numbers to account for markdowns.

Planning 41

Planning Markdowns Merchant Services Payment Services 41