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Department Stores’ Inventory Performance Tied to Sales Lift, Moody’s Says

Major U.S. department stores are improving their inventory management to the benefit of their customers and their own sales and profitability, a new Moody’s report said. Better inventory visibility among department stores has allowed consumers to save time, while instilling greater customer loyalty, Moody’s said. Department stores are also leveraging e-commerce to generate sales in…

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