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. Genesco’s gross margin was 47.3% in Q1 2023.

Location

Retail TouchPoints

FEBRUARY 12, 2021

RFID is also being extended for item-level identification as part of future-forward innovation plans, such as the adoption of blockchain for increased transparency. Many will also need to speed up digital transformation plans in order to adapt to?consumer consumer reliance on ecommerce, in-store pickup, and self-checkout.?.

Fulfillment

Retail TouchPoints

JULY 31, 2023

of retail sales, has multiple causes, including inaccurate demand planning, lack of inventory visibility and inadequate staff training. Similarly, these system can optimize which stores can fulfill the complete orders to maximize margins and optimize sustainability rather than shipping from multiple locations.”

Markdowns

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

Wiser

AUGUST 25, 2020

Make sure everyone knows the plan—and is able to execute that plan—to ensure that you’ve got merchandiser support when you need it. 4: Use Promotions and Markdowns to Move Seasonal Inventory. Instead, a lot of that has been left sitting in the back of stores or warehouses and needs to go somewhere once you open again.

Markdowns

Retail Smart Guys

JANUARY 28, 2023

Dealing with a single retail store can already be a handful. How much more if you need to handle multiple stores? Going over your inventory, finances, open-to-buy planning, etc., Well, this can be true if you are not using the right approach in handling multi-store accounts. Retail Smart Guys ’ has the solution.

Planning

Retail Dive

JULY 28, 2025

Published July 28, 2025 Daphne Howland Senior Reporter post share post print email license Many retailers that eliminated non-essential jobs during the Great Recession or the pandemic struggle to maintain accurate inventory counts in store, adding to their shrink woes. on average, up from 4.5% Overcoming those inefficiencies could save U.S.

Loss Prevention

Retail Smart Guys

FEBRUARY 14, 2023

Dealing with a single retail store can already be a handful. How much more if you need to handle multiple stores? Going over your inventory, finances, open-to-buy planning, etc., Well, this can be true if you are not using the right approach in handling multi-store accounts. Retail Smart Guys ’ has the solution.

Planning

365 Retail

SEPTEMBER 18, 2023

UK consumers are turning their sustainability efforts towards resourceful consumption, reducing food waste to shop sustainably while keeping food bills down, according to the latest data from Retail Insight , the leading provider of store operations execution software. The latest data from WRAP suggests UK households throw away 4.5

Markdowns

365 Retail

JUNE 5, 2024

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. For instance, it might suggest markdowns for slow-moving seasonal items or pinpoint opportunities to cross-sell. Read on for more insight!

Payment Services

Retalon

DECEMBER 17, 2021

Typically unexpected, this situation can be extremely detrimental for retailers and also has the potential to create additional issues such as: Inventory Imbalances Overstocks Markdowns. Carefully planned, this effect can maximize sales and profits by redirecting demand. Planning for cannibalization is easier said than done.

Markdowns

Retail Adventures

JANUARY 1, 2024

Store Operations 27. Don’t wait too long to take a markdown. Host one major in-store event and one – two minor in-store events each month. A major event is one that builds traffic and packs your store with customers. Do not confuse a major event with something that takes a long time to plan.

Returns

Retalon

SEPTEMBER 22, 2021

Adopting BOPIS can be challenging so we’ll explain how you can successfully merge your online and physical store operations. BOPIS, meaning Buy Online, Pickup In-Store, is an order fulfillment option that helps retailers connect their e-commerce channels with their brick-and-mortar storefronts. What is BOPIS?

Fulfillment