Celebrating International Women's Week 2023 As International Women's Week 2023 comes to a close, we reflect on the progress made towards achieving gender equity and the road ahead. This year's…
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When it comes to merchandise financial planning, retailers are moving away from traditional, manual, and reactive approaches that often result in an overflow of inventory or lack of stocks across…
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Retailers today are facing a wild conundrum. On one hand, the costs of raw materials, retail spaces, labor wages, ocean freight charges, and every other variable with respect to the…
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During the last 18 months, consumer inflation accelerated in most developed and emerging economies. In the United States, the consumer price index (CPI) rose from 2.6% in March 2021 to…
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Retailers are facing unprecedented pricing challenges The retail industry is getting squeezed between rising supply chain costs, inflationary pressures and declining customer loyalty. Due to inflation, retailers around the world…
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Shoppers today are not only savvy, but also have unique purchasing behaviors that are changing at a rapid pace. They often compare pricing across multiple brands, use a myriad of…
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Thanksgiving is around the corner and the headlines out of Wall Street are not pretty. Inflation is now consistently hovering around 8.5-9%, interest rates are rising by 75 bps and…
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An optimized and accurate assortment plan is the first step retailers take towards ensuring the sales season is profitable and not plagued by stock-outs, overstocks, customer churns, etc. During the…
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Many retailers have reported an increase in their inventory levels by as much as 40% over last year. The CEO of a large US-based retailer recently warned investors that margins would…
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The fallout from the COVID-19 pandemic and the ongoing war in Ukraine has led to a significant economic slump in 2022. Prices for some common commodities are reaching record levels,…
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Inflation is growing faster today than it has since the Great Recession. The consumer price index increased 9.1% in June 2022 from a year ago, the highest increase since November…
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Global inflation is squeezing the revenues and profits of retailers. Leading retailers are reporting the massive impact of stagflation on their operations, and they are continuing to see significant declines…
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