Home / Knowledge / News / Apparel/Garments / Retailers mull new strategy to enhance crisis bitten business
Retailers mull new strategy to enhance crisis bitten business
Jun '09
To be successful in the competitive retail arena, retailers must convince the shoppers, that they can satisfy their needs better than their competitors. In today's arduous economy, retailers are trying hard to increase the efficiency of their supply chain in order to decrease their risk and increase their profit margins. 'Right sizing' is now emerging to be a novel idea which enables optimum utilization of the available shop space, and discard the slow moving products.

This process involves trimming the size of the store and purging off the slow moving products, which are in turn replaced by specialty formats or shop-in-shop model. This reduces the space occupied by the slow moving products. Shop-in-shop is the best way of leveraging field knowledge of specialty retailers and increasing their profits during the period of recession.

Adopting this system enables the management to take proactive decisions about the life cycle and supply chain activities of the product. When a retailer recognizes his position in the evolutionary life cycle, and utilizes them to guide his investments in business intelligence systems, he will be able to make sound decisions at the right time

Click here to read the complete article.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Interviews View All

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search