The Retail and Product Daily

Is there a way we can reduce our inventory at the end of the season?


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In this episode:

1. Kindred, an influencer based app, takes flash selling into the socially conscious realm by requiring brands to donate a percent of sales to a charity.

2. Vasquiat is introducing a new way to think about demand planning. The e-commerce site is trying to minimize markdowns at the end of the season while still feeding into the current consumer demand for a discount. They offer shoppers the opportunity to shop their edit pre-season at 40 percent off - before product will even hit stores.

3. Target sees double digit growth...in apparel. Introducing new brands like Levi's, launching a dozen private labels, and creating inspiration online led to longer dwell times, and a rise in average basket size, both instore and online.

Three stories, five minutes, five days a week

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The Retail and Product DailyBy Retail Assembly Inc.