In the retail industry, on-the-fly merchandising involves dynamically adjusting and optimizing product displays and promotions in real-time based on immediate market conditions, customer behavior, or other contextual factors. Retailers employing this strategy make quick, adaptive changes to their merchandising approach, responding to emerging trends, inventory levels, or customer preferences promptly. This agile approach aims to enhance customer engagement, maximize sales opportunities, and stay responsive to the ever-changing retail landscape. The term underscores the flexibility and adaptability required in rapidly adjusting merchandising strategies to align with current market dynamics.