Are retail discounts a service to consumers? Or are they an industry-wide scam? Conventional wisdom stipulates that markdowns occur in two circumstances. First, they are a response to a problem of ...

More and more, I have seen retailers falling into the trap of using markdowns as a pricing strategy. This strategy was on full display over the 2016 holiday season. “Median discounts across top ...

Managing retail supply chains is complicated, heads-down work. Supply chain teams are often expected to meet ambitious KPI targets that are critical to the health of the entire business. So why should ...

Target already shook up the retail world in May with its Q1 results, which showed a major hit to the retailer's profits and led it to lower its guidance. At the time, the retailer noted that it had ...

To receive the Vogue Business newsletter, sign up here. End-of-season sales in January and July. Black Friday and Cyber Monday. Memorial Day in May — otherwise known as the weekend of the long-awaited ...

Despite a positive job market and a stabilized economic environment, most consumers (96%) are looking to save money in the short term, according to a recent study from PwC. But at the same time ...

The 2009 markdown story is a tale stretching over two years. It begins in October 2008, when Lehman Brothers and the economy collapsed and retailers found themselves with far fewer shoppers and ...