Putting an End to the $50B Overstock Problem with Advanced Analytics
Retalon
OCTOBER 24, 2023
Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. In 2018 retail giant H&M disclosed that they had $4.3
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