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Showing posts with the label demand manufacturing

A new paradigm in retail can secure higher, more stable profits and a better future for the planet

A new paradigm in retail can secure higher, more stable profits and a better future for the planet Published on March 20, 2017 Featured in: Customer Experience , Retail & E-Commerce Marleen Vogelaar Entrepeneur, Advisor, Board Member In this series, retail experts at  Shoptalk  discuss the most pressing issues facing their industries today. Write your own  #Shoptalk17  article  here . Every few days there’s a headline of an apparel company in trouble and, next to big oil, apparel is the second largest polluting industry in the world. But now companies have the ability to break this cycle and propel themselves forward with smart solutions in digital manufacturing; improving their bottom lines drastically, while making significant improvements in sustainability. The Retail industry is in trouble. Macy's quarterly earnings announcements talk about shortfalls, layoffs and store closings. The Gap's profitability continues to decline. T...

The Short-term Death Spiral of the Discount Fix

  Comment: Another example of retailers digging their own grave by avoiding the need to personalize the product value instead of the price.    Retailers Change Pricing Models to Avoid Race to the Bottom Subhead: Personalized price offers remain more a fantasy than a reality Author: Andria Cheng  e Marketer   March 30, 2017 With price and discounts remaining consumers’ key purchase decision factors, retailers are racing to change the way they set prices and markdowns. Merchants are trying to navigate a narrow path: They don’t want to be undercut by competitors and lose sales, but they also don’t want to get caught in a “race to the bottom,” where price cutting becomes so extreme that margins disappear. A new study by market research firm RSR shows dramatic changes in the way retailers set prices. For instance, more than three-fifths of retailers are now collecting data from “new channels,” or non-transactional areas, including consumer email opens and...

Big Profits Await Domestic Apparel Sourcing

This Article appeared in the 4/30/2013 issue of:  Time for a New Apparel Profit Revolution There has never been a better time since the beginning of the industrial revolution to rebuild the apparel industry in North America. This time we can build on more than patriotism — we can build on profits! The time is perfect for the expansion of digital decoration technology into the mainstream of the fashion apparel market. For a whole laundry list of reasons the fashion apparel industry needs a new domestic solution. Ominous headlines forecast dangerous waters ahead for the fashion apparel industry. Environmental pressures, new selling platforms and increasing offshore costs are churning the structure of the multi-billion-dollar industry. This tempest has opened the opportunity for one of the world's most historically inflexible industries to navigate a new course. The fashion apparel world is facing a "perfect storm." Dark clouds are on the horizon and the s...