Retail Adventures

DECEMBER 1, 2024

If Rich gives Georganne a gift from your store she may like it, but it probably won’t bring her in to shop. Try to save the sale by politely encouraging an exchange first: “I will be happy to hold your item here at the cashwrap while you shop.” MASTER MARKDOWNS Plan now for your post-holiday markdowns. Know what else?

Markdowns

Inside Retail

MAY 5, 2025

When the truck arrives, stock is already sorted and ready to be moved directly onto the shop floor. Enhanced inventory accuracy also leads to fewer markdowns, lower storage costs, and less waste, directly contributing to improved EBIT. This significantly reduces sorting, handling and preparation time in-store.

Fulfillment

Inside Retail

MARCH 5, 2025

Approximately one-third of the space will be dedicated to food and beverage offerings curated by Gregory Gourdet, a three-time James Beard Award winner, including an all-day cafe, a Parisian-inspired raw bar and a French wine shop. Unlike its other locations, the Printemps New York store will not have shop-in-shops.

Retail Marketing

Inside Retail

JUNE 16, 2025

In my late teens and early twenties, General Pants was the place to shop,” Penn-Kahn, the co-founder of Profit Peak, wrote. According to industry expert Brian Walker, sustained discounting could be the result of inventory misalignment, weak full-price sell-through and/or traffic dependency on markdowns.

Markdowns

Small Biz Trends

JULY 28, 2025

When you don’t have accurate inventory control, you risk losing sales opportunities , with 62% of customers likely to stop shopping with you because of out-of-stock items. Accurate inventory management is essential; 62% of customers stop shopping with a retailer after encountering out-of-stock items.

Inventory Management

Small Biz Trends

JUNE 29, 2025

Smart Price Comparison: Use price tracking tools to comparison shop effectively during the sale, ensuring genuine savings and the best deals on essential technology and software solutions. Other tech items from brands like Dyson also feature substantial markdowns, offering you the latest in small business technology.

Shopping

Retail TouchPoints

JANUARY 13, 2025

Whether that’s the algorithmic side of where to fulfill products from so that we have fewer split shipments, or making sure that we are putting the right depth, size and color basis from a geography between digital and physical so that we don’t take as many markdowns because we put the wrong product in the wrong place at the wrong time.

Department Stores

Small Biz Trends

JUNE 14, 2025

XYZ Boutique : This retail shop adopted a just-in-time inventory strategy, reducing holding costs by 25%. They didn’t analyze historical sales trends, resulting in markdowns that cut profits deeply. They implemented responsive marketing tactics, aligning promotions with customer preferences detected through social media engagement.

Inventory Management

Retalon

FEBRUARY 5, 2025

learn more… Fewer Markdowns Minimize profit loss from excess inventory. By accurately forecasting demand, retailers can minimize overproduction and avoid costly markdowns, ensuring optimal stock levels that maximize profitability and reduce financial waste.

Planning

Retail Dive

JULY 11, 2025

Why does Walmart want a shopping mall? Why does Walmart want a shopping mall? Sign up A valid email address is required. Please select at least one newsletter. Editors picks The image by Avicennasis is licensed under CC BY 3.0 By Nate Delesline III • Feb. By Daphne Howland • Feb. You can unsubscribe at anytime.

Payment Services

Retail Dive

JULY 14, 2025

Why does Walmart want a shopping mall? Why does Walmart want a shopping mall? 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. 7, 2025 The image by Avicennasis is licensed under CC BY 3.0 By Nate Delesline III • Feb.

Beauty and Health

Retail Dive

JULY 14, 2025

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

Department Stores

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. Short lifecycle and markdown risks: High-value, short-lifecycle products need accurate forecasting to avoid costly end-of-season write-offs.

Markdowns

Wiser

AUGUST 24, 2017

They are also a way to ensure markdowns and promotions are effective. The last thing you want to do is condition your consumers to only shop during sales. If your markdown and sale patterns become obvious to your consumer, they will wait for those markdowns and hold off on shopping until a promotion rolls around.

Markdowns

Retail Dive

JULY 14, 2025

Target has also invested in building out shop-in-shops with Ulta Beauty, though those expansion efforts were paused as of April , and in February announced it would develop Warby Parker shop-in-shops at five stores this year. Sign up A valid email address is required. Please select at least one newsletter.

Department Stores

Retail TouchPoints

MARCH 19, 2025

It might sound ambitious, but the goal is to make shopping more intuitive and fun. If one stores best-selling sweater lags at another, you can shift stock accordingly and reduce markdowns. Ive often imagined a fashion store laid out like IKEA, with themed rooms for work attire, weekend getaways or special events. 5000 list.

Visual Merchandising

Retail TouchPoints

AUGUST 27, 2024

Among the 86% of consumers that still had shopping to do, 45% said they were waiting for the best deals to complete their BTS purchases, and that search for bargains is another key headline this year. Additionally, shoppers are continuing to buy even after school has started to save on markdown items and stretch their budgets further.

Markdowns

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

Retail TouchPoints

DECEMBER 12, 2023

Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Ending the Tradition of Blanket Markdowns Enter this year’s holiday shopper.

Markdowns

Retail TouchPoints

NOVEMBER 7, 2023

Making it Easier to ‘Shop Deals’ New Deals Experience on Google Search (Image courtesy Google) Users can now access the Google deals destination in Search by searching the term: “shop deals.” Shoppers interested in a specific category also can add that to the search term to get more specific results, for example, “shop sneaker deals.”

Markdowns

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

Retail TouchPoints

APRIL 26, 2022

The technology also is expected to help reduce waste and lead to fewer markdowns. For customers, it doesn’t matter whether they buy something in their own shop or in a franchise,” said Manuel De la Maza, CEO of Charanga in a statement. For them, Charanga is one, and that is how it should be.

Markdowns

Inside Retail

JUNE 1, 2021

A new online shopping site is set to launch in Australia this month that aims to update the traditional outlet mall experience for a Gen Z and millennial audience. In contrast, TheDOM.com plans to provide an “inspirational” and “elevated” shopping experience through its site design and tone of voice.

Consumer

Retail TouchPoints

NOVEMBER 29, 2022

This also improves the customer experience through expanded fulfillment options and a seamless omnichannel shopping experience powered by technology,” Ellison added. This helps us to not only capture sales, but also mitigates markdown risk because we avoid stranding product unnecessarily in our stores.

Fulfillment

Retail Focus

JUNE 3, 2021

But the grinding pressures of a lengthy global pandemic – shoppers avoiding in-store shopping where possible, lockdowns in non-critical retail verticals, parents juggling remote work and homebound kids – precipitated a rapid shift. Even post-pandemic, only 49% anticipate they will often or always shop in-store.

Markdowns

Inside Retail

JULY 6, 2023

Local customers can see what is on sale in their neighbourhood supermarkets and actively participate in reducing waste in their community “Typically, retailers have to rely on shoppers sporadically finding a markdown in store while preoccupied with their shopping.

Grocer

Retail TouchPoints

SEPTEMBER 17, 2021

New data from the Adobe Digital Economy Index highlights the staying power of online shopping habits formed during the pandemic, seemingly answering one of the biggest questions of the year: will ecommerce continue to grow, or settle down to pre-pandemic levels? The answer appears to be the former. In August 2021, online prices were up 3.1%

Consumer

Retail TouchPoints

NOVEMBER 25, 2020

This customer-level profit insight can inform every business decision, from where to acquire the highest value customers to how best to serve them in a retail store and at the residential doorstep. ”.

Markdowns

Retail TouchPoints

OCTOBER 15, 2021

There is no standardization across the industry and inconsistent sizing leads to markdowns and returns. When brands and retailers try to bring extended sizing to market, they need to determine how many SKUs they need to allocate to specific stores to accommodate in-store shopping and online fulfillment. Challenge 3: Pricing.

Consumer

Inside Retail

SEPTEMBER 3, 2024

Retailers are integrating AI with bricks-and-mortar shops and online platforms to give the shopping experience a remarkable transformation, enhancing both customer satisfaction and operational efficiency. Automated checkout experiences: Retailers such as Apple are pioneering checkout-free shopping.

Loss Prevention

Retail Focus

FEBRUARY 27, 2024

Original research of over 1,000 UK shoppers by Retail Insight revealed that almost two-thirds (65%) agreed that supermarkets removing best-before dates will help reduce food waste, and 84% think retailers should still offer markdowns on fresh food that is past its best.

Markdowns

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. They enjoy the convenience of shopping closer to home, combined with some of the omnichannel services that we can offer like curbside pickup. in Q1 2023.

Location

Inside Retail

JANUARY 19, 2022

Burberry’s focus on full-price sales data is intended to overshadow the 3-per-cent decline in overall same-store sales as the company pursues a strategy of exiting markdowns. Burberry’s digital capabilities also drive its relevance and appeal.

Markdowns

Retail TouchPoints

NOVEMBER 8, 2022

This year the powerful combination of the special sale dates in Q4 (like Target, Amazon and Walmart holding October Black Friday events) and an increase in ecommerce holiday shopping means that this upward trend for returns will continue. Below are some considerations to prepare for the peak shopping season and the post-holiday return influx.

Returns

Retail Wire

MAY 17, 2021

Burberry is looking to accomplish the feat by focusing on high-demand categories, unveiling a new store concept and addressing the consumer desire for omnichannel shopping and fulfillment. Burberry and Dillard’s are both focused on driving full price sales of new merchandise in their full line stores.

Markdowns

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. Current customer Albertsons Cos.

Merchant Services

Retail TouchPoints

OCTOBER 22, 2020

Their mood going into the holiday season predominantly will be focused on pandemic-induced experiences, such as family baking projects, and home-made craft gifts in place of lavish present shopping this year. On the other hand, shoppers who are staying close to home, by choice or to comply with restrictions, have limited spending options.

Promotions