The last few months of 2022 only made matters worse. As supply chain issues seemed to subside, foreboding talk of a recession dominated, dampening customer spending.
Many retailers are feeling a bit over-inventoried as a result. Similar to that sense of having a few added pounds after the holidays.
In other words, a situation that is crying out for perspective. And The Retail Owners Institute® has you covered on that!
- Just enter your current inventory @cost;
- Choose your retail segment from the dropdown menu;
- See what sales volume the median retailer in your segment generates in annual sales with that amount of inventory.
But you also could discover that you have a lot of potential for a great 2023 already present in your stores, just waiting to get out.