Last updateTue, 15 Aug 2017 9pm

David Brown

How to eliminate your aged inventory

One of the larger banes in the life of any retailer is the problem of old product - those items you thought were a good buy, but once in-store proved not to be the case. Sadly, it's a reality of retail. Even the best buyers (despite what they might tell you) will only get 20-30% of their buying right. Aged inventory is as sure as the sun rising. The issue is, how do you deal with it? For every store there are only four options: