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. Any changes to store operations still work with who you are.

Markdowns 120

Markdowns Payment Services Promotions Drop-Shipping 120

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. Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. And don’t forget the shopper looking for that end-of-season deal.

Markdowns 260

Markdowns Retailing Pricing Promotions Fulfillment 260

Retail TouchPoints

MAY 28, 2020

While the retailer incurred additional expenses from associate bonuses and other COVID-19-related expenditures, Dollar General was able to reduce markdowns, on top of benefiting from increased purchase volume. Unlike some other retailers , Dollar General’s selling, general and administrative (SG&A) expenses actually dropped, to 20.5%

Markdowns 133

Markdowns Discount Store Finance Apparel 133

Retail Adventures

JANUARY 1, 2024

Remember, its job is to transition customers from whatever they were doing outside of your store and refocus them on shopping. Get rid of tall fixtures near or at the front that block product housed behind them, and make more displays visible by placing shorter fixtures near the front, and taller fixtures towards the rear of the store.

Promotions 52

Promotions Returns Cross Merchandising Markdowns 52

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. What is BOPIS?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retail Adventures

AUGUST 25, 2021

BOPIS (Buy Online Pickup In Store) and curbside pickup will continue to expected standards of operation because customers love the ease of shopping. Add additional conveniences such as personal shopping services, both in person and virtually, and your store will stand out among competitors. Store Operations 27.

Returns 83

Returns Cross Merchandising Promotions Marketing 83