Marking down products at the right time and in the right way ensures that retailers don't just survive the holiday season, but thrive by meeting both sales and inventory targets.

Here are five proven markdown strategies for retailers to maximize profits this season.

Intelligent inventory management is imperative to avoiding the negative financial impact of unsold stock. Here are three strategies to help you optimize your business’ inventory management as you move from the holiday season and into the new year.

Make no mistake about it: The retail landscape is undergoing a transformative shift towards data-driven inventory planning, catalyzed by technological advancements and changes in consumer behaviour. 

Effective inventory planning is critical for the success of any retail business. However, many businesses struggle with common mistakes that can lead to overstocking, stockout’s, and financial losses. Here are 10 common mistakes in inventory planning and how to avoid them…

This comprehensive guide explores the fundamental skills necessary for thriving in the retail industry. It focuses particularly on retail inventory planning and provides practical tips and insights for retailers aiming to refine their craft and elevate customer satisfaction and loyalty levels.

This article delves into the essential strategies for optimizing inventory levels, drawing from industry best practices and expert insights. Plus, you’ll learn how Management One can revolutionize your retail operations with customized solutions tailored to your specific needs.

1+1=3 is a metaphor expressing exponential benefits and results that are achieved through a collaborative effort or partnership.

Mastering Open to Buy planning is about strategically managing your retail operations to enhance profitability and ensure customer satisfaction. By understanding and effectively implementing the principles of OTB, retailers can optimize their inventory processes to not only survive but thrive in the competitive retail market

Do you feel like you have hit your ceiling? You are not sure what to do next, and everything feels like a risk? This can also bring about a sense of being overwhelmed and therefore, not being able to focus on what will take your business to the next level.

Not letting go of what has worked or classifications, products and vendors you believe in emotionally is challenging for many business owners.

To ensure you make the most of the spring season, here are ten (10) essential strategies to maximize your sales…

Right now is an especially opportune moment to look at where you are, and establish where you want to end in terms of a cash and inventory position on July 31st. The ultimate success you will achieve for the fall and holiday season are dependent on where you sit on August 1st.

Since school will be out for most students in the next 8 to 10 weeks, and Spring has arrived, making and preparing vacation plans for many families is underway. It’s important to keep this in mind…

In this complex retail landscape, the advent of advanced inventory planning software offers new efficiencies to bridge the gap between surplus and scarcity.

Compounding is not limited to just investments. It relates to knowledge, skills, and relationships. How often it is said, I only wish I knew then, what I know now. For indie retailers the results can be the same, and frankly, quite astonishing

Indie retailers are entrepreneurs. Baked into our DNA is the need to build and create. That requires an element of risk. Focusing on the unpredictable however, is not the best use of your time and energy.

Remember what Albert Einstein said: “If I had an hour to solve a problem, I would spend the first 55 minutes determining the proper questions to ask, for once I know the proper question, I can solve the problem in less than five minutes”