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You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. Last minute markdowns that offload stock at a loss. There is constant manual intervention, this may be transferring inventory between stores or ordering new stock. What is bad inventory called day-to-day?
Um there’s this kind of big strategic shift that they talked about Scott that I know you’ve been falling which is kind of the shift from a national fulfillment model to a regional fulfillment model. 11:40] So that was a that was a long part but that was I thought it was kind of interesting.
5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). Jason: [4:27] Yeah I want to say their stock was at 450 when you made that prediction and you can get it for the budget price of 1193 right now. Maybe if you’re selling like fish or plants in your in your extra fulfillment center.
Famous Last Words I’ll probably be dead wrong I doubt so anytime you do a merger or an acquisition of this size like you do have to get regulatory approval, I kind of don’t think this is gonna be that tough because Amazon doesn’t have a lot of. [11:09] Jason: [10:36] I mean yeah it is funny to think about but yeah.
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