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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…

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…

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…

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…

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…

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…

Our clients often ask: "Should I liquidate my inventory?" It's a valid question and not one with a simple answer. But we're here to dissect it! The general rule? If…

Being agile and nimble to change quickly is crucial for long-term success in retail, distribution, and manufacturing. A key way many businesses keep their competitive edge is by selling off…

For businesses, excess inventory can be a major thorn in the side. It not only locks up valuable capital and requires precious storage space, but it can also lead to…

Effectively maintaining appropriate inventory levels is a challenge for inventory-focused businesses, irrespective of their size. While some products fly off the shelves, others may linger, accumulating dust and tying up…

Every business that sells inventory is bound to encounter the challenge of slow-moving inventory at some point. Slow-moving inventory, often referred to as dead stock, ties up valuable resources and…

Inventory management is a critical aspect of any brand's operations. Over time, brands may find themselves with excess inventory due to various reasons such as changing consumer preferences, overproduction, or…

When we think of the cost of the inventory, our focus tends to be only on the actual cost of the goods. But that only covers the tip of the…

Traditionally, inventory has been seen as a necessary cost, but a paradigm shift is underway, with companies beginning to recognize it as an investment. By reframing a mindset, organizations can…

Discount stores play a significant role in meeting the price-conscious demands of consumers. They are a great option when faced with inventory challenges.  Even high-end brands use discount retailers as…