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Inventory Management Tips for Retailers to Reduce Overstock and Increase Profits

RETAIL MANAGEMENT SOFTWARE

Whether you’re selling sneakers, sofa sets, or fine jewelry, carrying too much stock ties up cash, eats up space, and leads to markdowns. Transfer Inventory Across Locations Overstock in one location may be a best-seller in another. Below are 12 effective surplus & overstock inventory management tips for retailers.

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Retail Technology Show announces its 2025 Innovation Award shortlist of game-changing solutions

A1 Retail

Differs (stand #E40) A predictive AI SaaS solution that optimises discounts for each product, allowing retailers, including Sephora and H&M, to sell more at higher prices, protecting margins and optimising markdowns to generate sell-through.

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Smart Replenishment: The Key to Efficient Inventory Control

I Vend

A single view of inventory allows you to flawlessly manage stock across multiple locations – and make decisions based on up to date and accurate information. This unified inventory visibility provides a clearer understanding of what products are available and where they are located.

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Experts discuss Printemps’ chance of success in the US retail market

Inside Retail

A year after the French luxury department store originally announced it would be launching its first US location, Printemps is officially opening a brick-and-mortar store in the heart of New York Citys financial district on March 21. Unlike its other locations, the Printemps New York store will not have shop-in-shops.

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AI in Action: How Retailers are Transforming Demand Forecasting with New Tech

Retail TouchPoints

And for larger-scale retailers, that need for an accurate forecast gets complicated, and re-complicated, by the need to correctly place and price inventory in multiple locations in order to achieve maximum sell-through with minimum discounting.

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Omnichannel Merchandising: Creating a Seamless Shopping Experience from Online to In-Store

CJ Retail Solutions

In essence, omnichannel merchandising goes beyond merely having an online store and a brick-and-mortar location. This means that when you check online for product availability, the information should reflect real-time stock levels in physical locations.

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AOP Meaning in Modern Retail

Retalon

Inventory levels: Forecasting stock requirements across locations to avoid stockouts or excess inventory. Promotional calendars: Planning key campaigns, promotions, and markdown events throughout the year to drive sales and clear seasonal inventory. The right markdown plan can make a huge difference on a retailers bottom line.