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Stockouts Are Costing You Money

Independent Retailer

Thomas Gruen and Daniel Corsten wrote an academic essay in 2005 titled β€œOn Shelf Availability: An Examination of the Extent, the Causes, and the Efforts to Address Retail Out-of-Stocks.” One shocking conclusion was that 72 percent of traditional (product not on shelf) out of stock events are the result of poor store management.

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Jason & Scot Show Episode 315 – 2023 Turkey5 Recap with Salesforces Rob Garf

Retail Geek

He mentions a rebound in demand in Europe, excluding the UK, and highlights retailers’ focus on profitability and inventory levels. The discussion then turns to Amazon’s innovative advertising approach during a Friday NFL game, where shoppable ads were displayed via QR codes. billion consumers are shaping shopping trends.