Boss Talk Podcast 101

Justice Owens on Clothing and Apparel "How to Move Merchandise in a Pandemic"

Episode Summary

Justice Owens on Clothing and Apparel How to move Merchandise in a Pandemic

Episode Notes

Justice Owens Speaks on Retail sells in 2020 and how it will affect 2021

In the United States in Clothing sales fell 89% in April in the same Month in 2019

With all this unsold  clothing, retailers need to decide the best way to manage their inflated stock levels.

A mountain of Apparel stock has been piled up in stores, distribution centers during the months of 

Covid-19 lockdowns. As retailers reopen around the world they have to work out how to get rid of it.

 

One option is to keep it in Storage, hold a sale, Offload it to "off-price" Lower the price for customers and move it to a online resale site.