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.
Next time you feel you’re moldering in your office chair, consider that it may secretly have a glamorous history.
Since well before the Rio Olympics began, an Australian company has been lining up second homes for the 135,000 chairs, 350 portable massage beds, 900 bar stools, 20,000 beds, 102,000 electrical items, 600 small safes—even the 2,500 stainless steel trash cans—that experienced brief moments of glory (or infamy) in the athletes’ village and venues.
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…