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.
While shoppers are getting ready for the holiday season, retailers are also ramping up to sell, sell, sell.
The National Retail Federation (NRF) forecasts holiday sales may spike to $720.9 billion in 2018, an up to 4.8% increase from last year. Retailers and logistics providers alike are preparing for an onslaught of hires – up to 650,000 seasonal workers, by the NRF’s estimates – to handle a deluge of in-store traffic and online orders.
But e-commerce companies might not be spending enough time or investing enough money on the dark side of peak shopping season: the returns.
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…