Tagged: stock forecasting

retail forecasting

4 Things to Forecast for Better Retail Planning

Every retailer struggles with accurate forecasting. How many of a particular product should you order? How much should you spend on merchandising for a particular season? Which trends will dominate next year? These are...

open-to-buy planning

5 Step to Better Retail Planning

Weekly, monthly, and seasonal retail planning is a necessary component to profitability. If you do not plan effectively, you could lose money. With the right open-to-buy tool, however, you can get through all of...

Department Store Retail Software

Department Store Retail Software

Department stores are a popular and complex subsection of retail business. They use large square footage and multiple cost centers to offer customers a wide range of products in the same centralized location. Managing...

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