retail overstocking-causes-and-prevention 
Retalon
OCTOBER 24, 2023
Retailers are empowered by AI and ML technology driven analytics to optimize inventory and eliminate the $50B overstock crisis. Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. In 2018 retail giant H&M disclosed that they had $4.3
Inside Retail
MARCH 1, 2022
Seasonal holiday promotions used to be the highlight of the retail calendar. Across Easter, Christmas, Black Friday, and Valentine’s Day (to name a few), retailers and restaurant chains could count on spikes in sales thanks to intensive marketing and merchandising activity. How can predictive demand planning help retailers to survive?
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Retalon
FEBRUARY 14, 2022
Retailers are empowered by AI and ML technology driven analytics to optimize inventory and eliminate the $50B overstock crisis. Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. In 2018 retail giant H&M disclosed that they had $4.3
Wiser
JANUARY 17, 2024
Pricing plays a critical role in determining a product’s market position, sales growth, and profitability. A well-thought-out pricing strategy can be the difference between a product that flies off the shelves and one that lags behind. One such strategy that has gained traction for its effectiveness is life cycle pricing.
Retail Next
MARCH 3, 2020
Besides the more obvious role in preventing our grandchildren having to fight crab people for resources once the planet is both on fire and underwater, sustainability and the different ways in which companies handle it have started to play an important role in the modern business world. Supply chains.
Retail Adventures
MAY 22, 2023
Displays that feature products grouped in odd numbers – especially threes – cause our eyes to move about the display. Other than connecting the window display to the store interior, the plaid hides the back of the window and prevents shoppers from taking the display apart for a closer look. Let’s start with what not to do.
Retalon
DECEMBER 17, 2021
Why Should Retailers Care about Product Cannibalization? Product cannibalization is often portrayed in a negative context within the retail environment – and for good reason. In most cases, it results in lost sales, decreased revenue and even retail business closures. What is product cannibalization?
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