markdown


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markdown

a price reduction
References in periodicals archive ?
R excludes the markdown from the denominator of the cost complement.
The new strategy also freed Dillard's buyers to negotiate the lowest price possible for merchandise, without asking for markdown protection from vendors.
On the other hand, if the markdown were understated, the reverse would occur.
With the Avery Dennison Pathfinder, Body Central has achieved 98% markdown accuracy, improving margins and customer service, ensuring that the price on the ticket is the price the shopper pays at checkout.
The cost-to-retail ratio compares (1) the cost of beginning inventory plus the cost of purchases to (2) the retail selling price of beginning inventory plus the initial retail selling price of purchases, with certain adjustments for markups and markdowns.
Cuts as deep as 80 per cent were seen on the high street, with 70 per cent markdowns a common and widely-accepted level of discount.
According to Shawn Neville, president, Retail Branding and Information Solutions, Avery Dennison, "This smart item-level markdown solution not only reduces pricing errors but, but the Pathfinder 6140 also improves margins and operating efficiencies across the end-to-end supply chain.
DemandTec Markdown enables Best Buy to effectively manage price, profit, and inventory levels for items such as seasonal merchandise and discontinued product lines.
The company said its Saks Fifth Avenue division owes vendors $26 million for markdown allowances during the 1999 to 2003 fiscal years, and another $8.
Cabela's[R] will deploy Revionics[R] Price Optimizationfor base price management and optimization andRevionics[R] Markdown Optimizationto maximize margins and sell-through.
As we continue to grow our business, markdown optimization is critical," said Robert Glass, President and Chief Operating Officer of Loehmann's Inc.
is ousting executives for improper markdown allowances, as retail chargeback abuses have come under the watchful eye of the Securities and Exchange Commission and now the federal government.