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July 22, 2025
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Retail

How retailers should deal with stale inventory from store closures

July 23, 2020

Chanel handbags and earrings on Gilt offer the brand an way to push old inventory Image credit: Gilt Chanel handbags and earrings on Gilt offer the brand a way to push old inventory. Image credit: Gilt

 

By Dianna Dilworth

As retailers worldwide were hit by COVID-19-induced lockdowns and store closures, inventory that was left on the shop floor grew more stale by the day.

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