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Assortment Planning In Retail: How To Optimize Your Stocks For Your Store’s Profitability?

Korona

So, for example, department stores may opt for a broad (generalist) but shallow selection of clothing and fashion categories. In comparison, shoe stores will have a narrow (shoe-focused) but deep (many brands and models of shoes) category selection. Point of sale reports are an essential tool for retail point of sale systems.

POS 52
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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Total retail sales were up 11% year-over-year this June, a 10.4% Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. When it comes to large retailers and department stores, 58.2% Ecommerce sales rose 11.1%

eCommerce 197
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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Retail sales as a whole still saw significant yearly growth on Black Friday according to data from Mastercard SpendingPulse. In-store sales were up nearly 43% over Black Friday 2020, with department stores up 86.4%. Total retail sales were up 11% year-over-year this June, a 10.4% sales growth.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [July 2021]

ROI Revolution

Furniture & home sales grew 208% YoY, followed by sporting goods, hobby, and bookstore sales at 163%. Ecommerce sales rose 11.1% month-over-month in April while department stores saw 68.2% sales growth. More shoppers have also been using their smartphone to pay for products in-store for the first time.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [June 2021]

ROI Revolution

More shoppers have also been using their smartphone to pay for products in-store for the first time. of smartphone users will use their mobile phone to pay for point-of-sale transactions this year, and that number will surpass 50% for the first time in 2025. 65% express the need for more frequent communication with customers.

eCommerce 158
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How Coronavirus (COVID-19) Is Impacting Ecommerce [October 2021]

ROI Revolution

Total retail sales were up 11% year-over-year this June, a 10.4% Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. When it comes to large retailers and department stores, 58.2% Ecommerce sales rose 11.1%

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How Coronavirus (COVID-19) Is Impacting Ecommerce [September 2021]

ROI Revolution

Total retail sales were up 11% year-over-year this June, a 10.4% Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. When it comes to large retailers and department stores, 58.2% Ecommerce sales rose 11.1%