Remove Markdowns Remove Promotions Remove Sporting Goods
article thumbnail

Inventory Management Tips for Retailers to Reduce Overstock and Increase Profits

RETAIL MANAGEMENT SOFTWARE

Whether you’re selling sneakers, sofa sets, or fine jewelry, carrying too much stock ties up cash, eats up space, and leads to markdowns. Experiment with markdowns, flash sales, or multi-buy offers like BOGO or “Buy 3, Get 1 Free.” Why Overstock Is a Hidden Profit Killer Too much inventory may seem like a safety net.

article thumbnail

Rack Room Shoes names chiefs of digital, merchandise

Retail Dive

Published July 11, 2025 By Howard Ruben post share post print email license Rack Room Shoes announced the promotions of Chief Merchandise Officer Brian Burnett and Chief Digital Officer Molly Hartney. General Merchandise Manager Brian Burnett, who has been with the company for nearly nine years, has been named chief merchandise officer.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ikea wants to make smart home tech easier to use, more affordable

Retail Dive

Sign up A valid email address is required. Please select at least one newsletter. By Caroline Jansen • Oct.

article thumbnail

Puma sees 2023 profit at about last year’s level as costs weigh

Inside Retail

Rising materials and freight costs as well as stronger US dollar, inventory markdowns and higher promotion expenses have put pressure on margins in the sporting goods sector. Puma had guided for 2022 EBIT in a range of 600 million to 700 million euros. Gross profit margin decreased by 420 basis points to 44.0

Markdowns 130
article thumbnail

What’s in-store for 2022? How the store will evolve in the age of digital acceleration

Retail Focus

Similarly, with real-time integration between the digital shelf and the retailer’s online offer, consistency of pricing, product spec and promotion can be consistently managed more dynamically to improve CX and drive conversions.

Markdowns 148
article thumbnail

Nike names 21-year veteran Aaron Cain CEO of Converse

Retail Dive

By Retail Dive Staff • Jan. You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. From increased attention on DEI efforts to the shifting nature of DTC, this is what we’ll be following in 2025. By Retail Dive Staff • Jan. By Retail Dive Staff • Jan. © 2025 TechTarget, Inc.

article thumbnail

Jason & Scot Show Episode 303 Amazon, Walmart and E-com Q4 Results

Retail Geek

By shockingly and I would have gone these predictions wrong at the beginning of the pandemic but you know what category like was about the best specialty category to be in over the last three years it was Sporting Goods. Scot: [35:05] Sporting Goods.

Apparel 52