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Only 31% of specialty retailers in the Retail Score index hit their budgets in August, with 81% of businesses missing budgets that were +10% on last year. How did your business fare last month?

Why checking sell thru & contribution is important in Retail Business? Checking sell-through and contribution is crucial for retail success. 𝗦𝗲𝗹𝗹-𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗥𝗮𝘁𝗲: This tells you how quickly products are selling. It's calculated by dividing the number of units sold by the number of units received. A high sell-through rate means products are moving fast, indicating healthy demand and effective inventory management. Conversely, a low sell-through rate might signal overstock or lackluster demand, which could lead to markdowns and lost profits. 𝗖𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗠𝗮𝗿𝗴𝗶𝗻: This measures the profitability of products by subtracting the variable costs from sales revenue. It helps you understand which products or categories are driving profit. By focusing on items with high contribution margins, retailers can optimize their product mix and pricing strategies. In essence, these metrics help you make informed decisions about inventory management, pricing, and merchandising, ultimately driving profitability and growth. #retailtalk #FOR #retailinpakistan #tips 

Retail has undergone a rapid transformation over the past decade. CPG brands who want to dominate the shelf have no choice but to keep tabs on industry trends, demand, and customers in order to stand out from their competition and cement buyer relationships. This Zipline Logistics eBook details: 🛒 Why competition for shelf space is so fierce 🛒 How COVID-19 changed how shoppers are connecting with retailers and brands 🛒 What’s at stake when delivering to retail customers 🛒 How your organization can optimize its supply chain as a competitive differentiator Download it for FREE: https://bit.ly/3wk9eAt #cpg #retail #consumertrends #logistics #supplychain

🏷️ Discover how retail success lies in the harmonious blend of category management and price optimization in our latest blog. Bridging the gap between differences in these key roles can lead to a cohesive strategy that promises both competitive pricing and profit maximization. Read more at https://hubs.la/Q02v3Qp20.... #Retail #PricingOptimization #CategoryManagement #RetailSuccess #DataDrivenDecisions

Discover how retail giants leverage category management for impressive sales growth and learn actionable strategies to apply to your business. Dive into the transformative potential of category management now. #CategoryManagement #RetailInnovation #BusinessGrowth #ProfitabilityBoost

Adapting to the changing landscape of product sourcing is essential for retailers to remain competitive and relevant. Read more at: https://lnkd.in/g55jvE2W #retailmatrixgroup #retail #productsourcing

Reflecting on this year's Retail Industry Leaders Association (RILA) conference, some key themes covered including from executives at Nordstrom and Advanced Auto Parts regarding shifts in inventory and logistics strategies, as retailers smart from the high costs of returns and see a drag on performance from bloated inventories. AlixPartners sees retailers thinking strategically about which aspects of consumer expectations are fungible and which are underpinned by a permanent shift in behaviors. Our own research has found that that free delivery is critical factor in 96% of purchasing decisions, and customers expect on average a 3.3-day delivery window, suggesting diminishing returns for warp-speed logistics. Inventory allocation presents a similar tradeoff: While some sales will be forfeited if an item is not immediately available, the costs of overstock need to be taken into account. For a full writeup of the conference and for more detail, click on the below. #retail #RILA #supplychain #inventory #ecommerce

When price pressure is eating up your revenue ... you need to be creative 👨🎨 What we can observe at the moment ist that retailer companies are more and more introducing own brands in their portfolio. For example the Swiss supermarket coop or the American giant Amazon have a whole range of own brands available in their stores and online shops. This is a genius move as these companies have established their branding as a retailer and already have a huge customer base. The retailers can even use their insight knowlegde about what the most popular products in their stores are. Why not replace retailer product with own sourced and branded products? Lets look at the obvious advantages 1️⃣ Improved Margins 2️⃣ Increased brand loyalty 3️⃣ Increased control about quality and pricing 4️⃣ Higher differentiation from other retailers Still there are always two sides of the medal 🆘 Supplier relationships at risk 🆘 Move away from core competencies My concern: How far can you go as a retailer until no other brand wants to sell through your retail channel. 🤔 #pricing #retailindustry #privatelabelbrands #branding #brand #profitability

Retail execution is a critical component of the consumer goods industry, influencing product visibility and overall sales performance. As brand loyalty becomes more unpredictable, effective retail execution is crucial for CPG companies to stay competitive. By adopting best practices, companies can streamline operations, strengthen retailer relationships, and enhance in-store visibility. Read our latest blog to learn strategies for improving retail execution and maximizing the return on your budget. https://bit.ly/4h0VL2X #retailexecution #consumergoods #retailtech 

Retail has undergone a rapid transformation over the past decade. CPG brands who want to dominate the shelf have no choice but to keep tabs on industry trends, demand, and customers in order to stand out from their competition and cement buyer relationships. This Zipline Logistics eBook details: 🛒 Why competition for shelf space is so fierce 🛒 How COVID-19 changed how shoppers are connecting with retailers and brands 🛒 What’s at stake when delivering to retail customers 🛒 How your organization can optimize its supply chain as a competitive differentiator Download it for FREE: https://hubs.li/Q02xN4NS0 #cpg #retail #consumertrends #logistics #supplychain