Blog
- There is no such thing as a consumer product brand that doesn't deal with excess inventory—items that they are having real trouble selling. This issue arises from various factors, including…
Reading Time: 5 minutes
- eCommerce businesses are designed to be flexible and efficient, which is inherent to the industry where there are no constraints on physical retail locations or costly distribution and sales channels.…
Reading Time: 5 minutes
- Inventory management is crucial for businesses that make and sell products. Sometimes, these businesses need to sell their inventory quickly at lower prices to get cash. This is called liquidation.…
Reading Time: 6 minutes
- Managing surplus inventory is a delicate task that requires finesse and strategic thinking. One underappreciated approach is the discreet disposal of excess stock through international exports. In this article, we…
Reading Time: 4 minutes
- When businesses find themselves with excess inventory or unwanted inventory, it's important to understand the types of excess inventory buyers that companies typically reach out to when trying to quickly…
Reading Time: 6 minutes
- Discount and off-price retailers are both kinds of stores that sell merchandise at a highly discounted price, but they have some big differences. Usually, discount stores have the same things…
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- In today's fast-changing retail world, being able to adapt is crucial. One strategy gaining attention is inventory liquidation, where businesses sell off excess stock at lower prices. While it might…
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- Every business deals with inventory, and sometimes you end up with more than you need. This "extra stuff" is called excess inventory, and it can take up space and tie…
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- We are going to start this article with a mind-boggling statistic: A business' inventory carrying costs will generally land between 20% to 30% of its total inventory value. You read…
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- In the retail industry, businesses have long relied on the Manufacturer's Suggested Retail Price (MSRP) as a cornerstone for setting prices that appeal to both customers and retail buyers. The…
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- Discount retailers operate in a fast-paced environment where corporate buyers are key in choosing which products have the most potential to be successful for their company. These buyers make strategic…
Reading Time: 4 minutes
- Inventory management is crucial for businesses that make, distribute, or sell products. It involves keeping track of the goods that come from suppliers, go to warehouses, and are eventually sold…
Reading Time: 5 minutes
- There is a good reason why they say "retail is a hard business". A recent survey asked business owners if they ever deal with excess inventory, and it found that…
Reading Time: 8 minutes
- Companies we engage with frequently inquire if selling excess inventory to an off-price retailer is bad for their brand. It’s a very legitimate concern to have and one that all…
Reading Time: 4 minutes
- Imagine the retail world as a hamster wheel spinning faster and faster. Customers keep changing their preferences about what they want, so stores have to keep changing too. If they…
Reading Time: 6 minutes