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Between technology upgrades, trade-in programs, damaged devices and fickle buyer behavior, wireless dealers are left with millions of dollars in merchandise annually; most of which can’t go back on store shelves. Having a plan in place for merchandise – especially the items slated for liquidation or wholesale – is critical, and if you’ve historically relied on traditional methods, like selling to a handful of buyers, you are most likely leaving a lot of money on the table.
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…