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What is Off-price Solution?

The off-price retail industry is experiencing rapid growth, raising questions about its meaning and the key elements behind its success. In this brief overview, we will delve into the off-price retail concept and highlight the factors that make it appealing to both brands and shoppers. INTURN emerges as the only inventory optimization platform that allows brands to successfully sell off slow-moving and surplus inventory to retailers, enabling them to recoup cash more swiftly. By utilizing our innovative solution, you can significantly enhance your off-price business operations. Brands often face the challenge of excess inventory that does not sell at full price or even after markdowns in traditional retail, prompting them to seek strategies for monetizing this surplus to maintain healthy cash flow and sustain their operations. As a result, many brands turn to off-price retailers, who purchase these excess goods at deep discounts, often between 40% to 60% below the wholesale price, and accept whatever terms are available for these surplus items. This relationship not only aids brands in moving their inventory but also provides off-price retailers the opportunity to deliver enticing deals to cost-conscious consumers, creating a win-win scenario for all parties involved. As the off-price sector continues to thrive, understanding these dynamics becomes increasingly important for those looking to navigate this evolving market.

What is Epicor for Retail?

Advanced retail software solutions provided by a seasoned provider can create a significant competitive edge for businesses. Custom-designed solutions improve both visibility and operational control, fostering opportunities for growth. They allow companies to meet consumer demands for convenience, service variety, and options across both online and in-store shopping platforms. By leveraging powerful retail tools, businesses can streamline resource allocation and simplify management duties. This leads to increased sales, reduced operational costs, and a superior customer experience overall. Epicor for Retail equips you to boost profitability while freeing up essential time in your day. You can gain valuable insights to refine critical areas like inventory management, pricing strategies, and profit margins. Additionally, you can reduce payment processing costs while maintaining robust security for customer data. Implementing impactful loyalty programs can further enhance average basket and ticket values. A unified approach with a single expert partner enables you to enhance operations and scale your business effectively. Integrated systems, software, and hardware contribute to maintaining smooth business operations. Comprehensive training for staff and streamlined workflows are essential for maximizing productivity. Accurate forecasting techniques help avoid stock shortages and unnecessary excess inventory. Ultimately, the right retail solutions can revolutionize your business, setting the stage for long-term prosperity. By embracing these innovative strategies, you can ensure that your retail operation remains competitive in a rapidly evolving market.

Media

Media

Integrations Supported

SAP Store

Integrations Supported

SAP Store

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

INTURN

Company Location

United States

Company Website

www.inturn.com/off-price/

Company Facts

Organization Name

Epicor Software

Date Founded

1972

Company Location

United States

Company Website

www.epicor.com/en-us/industry-productivity-solutions/retail/

Categories and Features

Retail Management

CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce

Categories and Features

Point of Sale

Barcode Scanning
Commission Management
Cryptocurrency Support
Customer Account Profiles
Discount Management
Electronic Signature
Gift Card Management
Loyalty Program
Multi-Location
Restaurant POS
Retail POS
Returns Management
eCommerce Integration

Retail Management

CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce

Retail POS Systems

Barcode Scanning
Commission Management
Discount Management
Gift Card Management
Inventory Management
Loyalty Program Support
Pricing Management
Returns Tracking
Sales Tracking
Touch Screen
eCommerce

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