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2017 saw a lot of excellent phones get released, but it also signified a pretty steep shift in the cost of the devices we know and love. Apple’s iPhone X debuted with its infamous starting price of $999, the Galaxy Note 8 and Google Pixel 2 XL can both set you back $950, and the newly announced Galaxy S9+ will put a dent of $840 in your pocket.
While there’s no doubt these are all excellent gadgets, no one blames you for cradling and soothing your wallet after seeing those prices.
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…