Why are stores now charging for returns? With returns costing retailers an average of 21% of the order value3, and searing gas prices set to increase this further, many brands are now saying enough is enough. Especially as apparel has the highest returns rate of all product categories...
Why are some products easier to find than others? Supply chain shortages mean manufacturers are having trouble sourcing important materials for products. This means many retailers can’t get the products they need to keep their inventories well-stocked. ...
Anchor Blue, a teen clothing chain that launched in 1972, filed for bankruptcy in 2011 after 39 years of being in business. At the time it closed, there were 117 stores, the majority of which were in California. However, at its height, the chain had more than 300 stores in the United...
Learn how to collect, store, and analyze competitor price data with Python to improve your price strategy and increase profitability.
You need to figure out when you need to have production ready to ship to stores or customers and then work backwards from there through the development stages (leave enough time!) to make sure that you are working on the correct season. Pro Tip: Always schedule your meetings with boutiques...
Using solutions backed by AI in retail stores, the seller can get direct insights into the sales pattern in the stores and lower the safety stock usage. The extent of how AI is revolutionizing the retail industry can be seen in how handy it comes while allocating or replenishing the inventory...
Online clothing stores are eCommerce businesses that retail chic, trendy and in-vogue fashion items. Think of online shops like PrettyLittleThing, Shopbop and Revolve along with massive brand names like ASOS, Shein and Zara. By 2027, researchers expect theglobal fashion eCommerce market ...
In 2013, Guofu Ye and his partner co-founded Miniso, which has been scaling up rapidly in the past 6 years. It has expanded to 83 countries, including the United States, Canada, Russia, Singapore, United Arab Emirates, South Korea, Malaysia and so forth. There are 2,300 stores in Chin...
aSince zara.com is coming very soon, please ensure that during this week and before Sept 5th ALL STORES briefings are focused on “Zara.com procedures” so that all staff\cashiers\managerial team know how to deal with them. 因为zara.com非常很快来临,请保证在这个星期期间和在9月5日之前所有...
The case analyses how Zara develops its fast-response strategy. New shipments come to stores twice a week to ensure there is a fresh pipeline of products. This strategy has helped Zara keep low inventory levels and sustain an image of exclusivity. ...