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As retailers and brands continue to deal with the overstock that resulted from closing their stores during the pandemic, some have adopted a new tactic. Rather than deeply discounting and liquidating excess inventory, brands are packing and holding their overstock…
As different countries across Europe have started reopening their borders, there is the need to adopt to new norms in order for business to continue. In this edition of Thought Leadership Thursday, we sit down with Giorgio Vitale, Head of…
We’ve been covering the state of the retail market in the midst of the pandemic, which forced stores around the world to shutter. With backlogs of orders and—for a time—only essential goods moving, a never-before-seen surplus of inventory emerged, preventing…
Despite many industries being affected in recent months due to a global pandemic, smartphone releases aren’t slowing down. Apple recently launched a more affordable iPhone SE, complete with formidable features for a fraction of its $1,000+ flagship models—and another phone…
One of the many things the current situation has taught businesses worldwide is that in addition to consumer dependency, the supply chain is incredibly fragile. And, a global pandemic that interrupts the proper flow of products today will create a…
If you’ve found yourself out of work due to coronavirus, you’re not alone. Over 42 million Americans have now filed for unemployment. What’s more, with stay-at-home orders still in place across many parts across most of the country, finding a…
Over the past several months, it’s become clear that people all around the world have to embrace a new normal. With businesses of every size and industry affected, mobile is not the exception, and different processes and device developments will…
As the effects of COVID-19 spread around the world, different product categories were disproportionately affected, and the fashion industry was hit particularly hard across Europe as only essential goods were selling. As retailers begin to open over the next few…
As apparel stores begin to reopen across Europe, it’s likely excess stock is growing in warehouses that will need to be sorted out. Clearance sales aren’t going to be enough, and discount retailers likely won’t have the capacity or cash…