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RetailInventory and shrink

Find your dead stock and move it

The problem

Cash is tied up in items that do not sell.

Steps

  1. Run a report of items with no sales in 90 days
  2. Move them to a visible spot with a reason to buy
  3. Bundle with best sellers
  4. Mark down in steps
  5. Stop reordering them

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The Morning Count

Each weekday before you open: one playbook, why it matters, and the one thing to try today. Takes three minutes to read.