Sentence examples similar to increase a markdown from inspiring English sources

Swedish fashion chain H&M has said profits in the third quarter were hit by a combination of hot weather, increased markdowns and a stronger dollar.

Penney also had to increase markdowns earlier in the year to get rid of excess inventory.

If foot traffic continues to slide, the company said it may need to increase markdowns or change its marketing strategy again.

Increased markdowns represent a continued point of concern.

"The sales performance in the third quarter and increased markdowns due to a higher opening stock than planned had a negative impact on profit development.

Markdowns also increase as a store may be carrying surplus stock as items reach end of life.

The company, which is competing with discounters and online retailers, increased markdowns and spent more on advertising.

Saks, the department store operator that runs the Saks Fifth Avenue stores, said its fourth-quarter profits fell more than 20percentt, dampened by increased markdowns to clear racks of merchandise at year's end.

The company said Nook unit sales doubled over the busy four-day shopping weekend around Thanksgiving as the company increased markdowns at retailers like Target and Wal-Mart Stores.

Yet he said that primarily because of the increasing number of markdowns and bargain sales, the business outlook was uncertain.

H&M, which buys most of its clothes in Asia in US dollars, said the drop was mainly due to the strong dollar effect on purchasing costs and by unseasonably mild weather in November in many large European markets and in North America, which led to weaker sales than planned and increased markdowns.