Putting an End to the $50B Overstock Problem with Advanced Analytics
Retalon
OCTOBER 24, 2023
In 2018 retail giant H&M disclosed that they had $4.3 Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost.
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