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Apparel Retailers are Holding on to their Excess Inventory to Sell Later. Will it Work?
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…
Warehouse Woes: When Excess Inventory Needs Out
Surplus. Excess inventory. Where does it go and what are the costs? Depending on how efficient your reverse supply chain is, having excess inventory can be detrimental to your profitability and take time away from core business activities. When it…
Extensions, Restrictions, and Yes, Quarantines: Dealing with Returns Post Pandemic
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…
New is Out and Used is In for Gifting
According to a recent study, 61 percent of American consumers are comfortable with receiving a used gift—especially if the item is rare or difficult to find—and Millennials and Gen Z’ers are embracing the movement at a quicker pace than older…