Remove half-of-us-merchants-are-stuck-with-excess-stock
article thumbnail

Half of US merchants Are Stuck With Excess Stock

RetailMinded

Half of US retailers are stuck with excess stock even after the New Year sales, according to a survey by Inventory Planner. Last year 27% of US retailers had written off excess stock as a loss. They provide a stark warning to retailers about the dangers of being caught with excess stock.

Apparel 52
article thumbnail

Retail Crisis: Why Mountains Of Excess Inventory And Overselling Is Set To Kill Off Many Promising Businesses

RetailMinded

gazebos and scatter cushions – and warehouses were cleared of stock, as supply chains. Rather than benefit from the surge, retailers suffered – according to data from our sister company, Brightpearl, almost half (46%). The lucky ones managed to balance stock levels reactively, replenishing a steady. considerably.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rising Cost Of Living Effects Retailers’ Excess Stock

RetailMinded

Christmas is cancelled for more than half of consumers (52%) because of the cost of living crisis – leaving retailers facing a nightmare New Year stuck with excess stock. * They provide a stark warning to retailers about the dangers of being caught with excess stock.

Retail 52
article thumbnail

Buckle Up, Retailers: Strategies For Growth During The Most Frugal Holiday Season Ever

RetailMinded

Recent research by Brightpearl showed almost seven in 10 US (68%) and half of UK shoppers (49%) are worried about affording the holidays and will be halting their purchases sooner than ever this season, saving what little income they have for essential food, energy and healthcare expenses. Tactics To Grow And Protect Cash Flow.

Retail 87