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Department Stores Must Solve ‘Chronic’ Inventory Problem This Year, Moody’s Warns

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Weak holiday sales last month in the department store channel indicate that retailers over-anticipated demand, thrusting inventory control to the fore as they’re pressed to counter margin pressures. “Inventory management–a chronic problem for the industry–will once again be a performance hot spot in 2020. Department stores struggled with aligning inventory in 2019 as they over-anticipated…

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