Clearance pricing optimization for a fast-fashion retailer

DOI10.1287/OPRE.1120.1102zbMATH Open1262.91063OpenAlexW2098998642MaRDI QIDQ4909111FDOQ4909111

Authors: Felipe Caro, Jérémie Gallien 

Publication date: 12 March 2013

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://escholarship.org/uc/item/0fm8d8sv

Recommendations

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zbMATH Keywords

forecastingretailingrevenue managementmarkdown pricingfield testmodel implementationclearance salesfast-fashion

Mathematics Subject Classification ID

Mixed integer programming (90C11) Microeconomic theory (price theory and economic markets) (91B24)

Cited In (14)

• Clearance pricing and inventory policies for retail chains
• Optimal pricing and ordering decisions for a retailer using multiple discounts
• Newsvendor problem with clearance pricing
• Initial shipment decisions for new products at Zara
• Maximizing revenue of end of life items in retail stores
• Advertising Cycling to Manage Exclusivity Loss in Fashion Styles
• Stochastic dynamic pricing and advertising in isoelastic oligopoly models
• Distributing the fashion product in direct or retail channel: The impact of fashion level and direct selling cost
• Forecasting using reference prices with exposure effect
• The effect of delivery deviations on the choice of a supplier and the supply-chain equilibrium
• Retail store operations: literature review and research directions
• High price or low price? An experimental study on a markdown pricing policy
• Determining an optimal replenishment run time and lot size for an imperfect manufacturing system and rework under markdown policy
• A pricing model for clearing end-of-season retail inventory

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