Out of stocks can be a costly occurrence for retailers, as a study commissioned by IHL Group has found. In 2015, out of stocks, overstocks and returns cost retailers an estimated $1.75 trillion and out of stocks accounted for $634.1 billion in lost retail sales for the year ending in the spring. Here are three best practices to keep out of stocks from ruining your holiday season.
Multichannel Merchant STRATEGIES & TACTICS FOR THE B2B & B2C MERCHANT week of 8/30/2016 Why Lingerie Startup True & Co. Ventured Into Catalogs Since its 2012 inception, True & Co. … Continue Reading →
While consumers are still winding down summer vacations and gearing up for back to school, those in the retail business know preparations for the holiday shopping season have already started. Here are seven tips to prepare your ecommerce site and other digital properties for the holiday shopping season.
Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 8/26/2016 Roland Smith Retiring, Office Depot Reorganizing Executive Committee With its merger with office supplies rival … Continue Reading →
Multichannel Merchant for the week of 8/25/2016 4 Principles for Reaching the Global Consumer Consumers today are making purchases both on and offline, through mobile devices, and even social channels … Continue Reading →
Multichannel Merchant Operations & Fulfillment Strategies & Tactics week of 8/24/2016 Service with a Hidden Smile Smiling is a great tool for call center staff, as it can make employees … Continue Reading →
American Eagle Outfitters has improved performance at its omnichannel DC by pooling DTC and ecommerce inventory in an “all active” processing environment. See what benefits the company has seen in peak season and throughout the year since the facility went all-omnichannel last year.
Multichannel Merchant STRATEGIES & TACTICS FOR THE B2B & B2C MERCHANT week of 8/23/2016 Which Subscription-Based Payment Model is Right for Your Business? So, you’re considering the move to a … Continue Reading →
Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 8/19/2016 Barnes & Noble Closes Book on CEO Boire The Board of Directors of of Barnes … Continue Reading →
Outdoor specialty retailer Gander Mountain announced today that former Sports Authority Executive Vice President, Chief Marketing Officer, and Chief Digital Officer Ron Stoupa has joined the company as Senior Vice President of Marketing and Ecommerce