This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
Although ecommerce has made retail more accessible to the public, it has taken away the advantage of being able to see a product “in the flesh” before making the decision to purchase it. With goods such as clothing, this is an important aspect of a sale.
As such, the rise of ecommerce has brought with it a surge of returned stock. In 2016 alone, the UK saw £20 million worth of returned online orders, and in many cases these products were not put back on virtual shelves.
Read full Tech Donut article >>
Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…