Retail TouchPoints

FEBRUARY 15, 2023

Google Cloud and Accenture are expanding their strategic partnership with a series of new initiatives to help retailers modernize their businesses and transform store operations. and all of those have a data and analytics element, which is what we’re helping them figure out.”

Merchant Services 266

Merchant Services Markdowns Store Operations Planning 266

Retail TouchPoints

MAY 30, 2023

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 2024, compared to 48.3% in Q1 2023.

Location 176

Location Markdowns Accounting Promotions 176

Wiser

AUGUST 25, 2020

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. We recommend using promotions and markdowns to move that inventory quickly. 12: Promote Products That Make an Impact Right Now.

Markdowns 120

Markdowns Payment Services Promotions Drop-Shipping 120

Retail Focus

FEBRUARY 8, 2022

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 147

Markdowns Sporting Goods Management Shopping 147

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact?

Markdowns 254

Markdowns Retailing Pricing Promotions Fulfillment 254

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. Promotional uplift. Avoided overstocks and minimized markdowns. More predictable promotions and seasonal events. Seasonality.

Markdowns 41

Markdowns Promotions Fashion Consumer 41

Retail Adventures

JANUARY 1, 2024

Discuss products, policies, promotions – anything store associates need to know that day. Take time to visit other retail stores for ideas. Not just store like yours, all types of stores. Store Operations 27. Don’t wait too long to take a markdown. Be open when customers expect you to be open.

Promotions 52

Promotions Returns Cross Merchandising Markdowns 52