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

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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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