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Sell, stow or dump? Retailers wrestle with mountain of unsold stock | Reuters

Sell, stow or dump? Retailers wrestle with mountain of unsold stock | Reuters

From the weeks that have gone on with no shopping and state closures there are still items unbought and apparel stock that needs to be put out. Retailers are now met with the tough decisions on what to do. They could store their stock and wait for next year, but it comes with risk of damage and cost. They could also sell to stores like TJMAXX but lose money in the process. Marking down items and doing more promotional sales is another option, but one that yet again could decrease their profit.

Source: https://www.reuters.com/article/us-health-coronavirus-retail-inventories/sell-stow-or-dump-retailers-wrestle-with-mountain-of-unsold-stock-idUSKBN2390N3

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