Page 2 - Excess Inventory News Today

In talking to a client recently, they lamented that their organization is far too rigid and employees do not push the boundaries of their creativity. Risk-taking has been discouraged for some time across the board. So, instead of generating new and interesting ideas which may or may not be commercially

Mobileye's 2024 revenue forecast fell short, a sign of troubles ahead for the auto chip industry that helped drive parent Intel's shares lower.

[unable to retrieve full-text content]Part of our time over the holidays was spent on a furniture flipping project – we found a great-looking chair that was crying out for new fabric. In stripping the...The post Use More When Less Will Do. What? first appeared on Retail Strategy Group

After working to clear excess inventory on dealer lots, the RV industry is looking for a rebound in 2024.

Macy’s could be next on the retail chopping block.We have seen this before. Decisions made by investors that have real-estate goals vs. retail goals put the customer last.Hudson’s Bay Company and Saks are getting further away from their customers because they have real-estate moguls telling them how to run retail. Store closures are always

You have probably been on the receiving end of cold email pitches from software companies or SEO providers. Often, you are on the receiving end of what’s called a “cadence” of emails designed to get you to respond and set a meeting with the sender.If you don’t respond (and why

(Bloomberg) -- Syrup Tech Inc., a startup that makes artificial intelligence tools to help fashion retailers plan and manage their inventory, has raised $17.5 million in a funding round led by Accel.Most Read from BloombergTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Banking Escapees Make Billions From Private Credit BoomIsrael Says Hamas Violated Terms of Cease-Fire as Truce LapsesPutin Seizes Rights to St. Petersburg Airport From Foreign InvestorsBonds Up as Pow...

[unable to retrieve full-text content]I was interviewed by the BBC earlier today about Dr Martens and their recent financial results – a 55% drop in profits in its half-year results. Ouch. Investors responded in...The post Down on the DM first appeared on Retail Strategy Group

According to the Wall Street Journal, Black Friday sales were strong but retailers are noticing that getting customers to use store-branded credit cards is a hard sell.The article states…“Income from Target’s credit-card business declined 10% in the most recent quarter, compared with the same period a year earlier. At Kohl’s,

The aphorism “meeting the customer where they are” is best saved for the daily horoscope; if you believe in that sort of thing.Meeting customer demand is nothing special anymore, instead, this is table stakes.The customer has an expectation, in their relationship with a brand, to be met where they are.