The Beauty Industry Glow Up of 2022 & Beyond
Introduction to beauty industry In the era before the new normal – otherwise known as the year 2019 – the global cosmetics market was valued at $380.2 billion. By definition,…
Stockouts and Over-Stocking Affecting Your Revenue? Here’s the Solution
Inventory Optimization Techniques to Avoid Out-of-Stocks & Excess Inventory Costs Content Summary : What are Stockouts and Overstocking and Why Monitor Them? The True Business Cost of Stockouts & Overstocking…
How Data-Driven Assortment Optimization Empowers Online Retailers
What’s the best way to position your products to effectively entice consumers on your eCommerce store and maximize your returns? That’s a question that every company, on one level or…
Why Visual Merchandising Matters More Than Ever
BOOM! That’s how immediate the impact of visual merchandising is on retail shoppers – and why compelling visuals are a strategic asset in omnichannel retail. Visual merchandising presents a retailer’s…
Assortment Planning – The Holy Grail of Merchandising
With retail transitioning into a consumer-driven business faster than ever, issues like determining the best product mix and inventory size are of strategic importance to a retailer looking to cash…
Zalando: A Lesson in Retail Pricing and Merchandising
In the competitive world of fashion retail, getting ahead of the pack with consistent spikes in revenue is no easy task. And yet, German-based Zalando has done exactly that with…
Smarter Assortments Are The First Step Towards Sustainability
With the current state of the retail landscape, merchants everywhere would be wise to take a long, hard look at their business models. Generally speaking, the reason for doing so…