Australian retailers ease pain by boosting efficiency

04/10/2009 | Sydney Morning Herald (Australia), The

Retailers and their landlords in Australia are working to woo shoppers and stem losses by using efficiency plans. One strategy involves keeping inventories fresh, taking a cue from Nordstrom, which holds its inventory an average of 62 days. Other major apparel retailers keep their goods for well more than 100 days, according to Bloomberg data.

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Sydney Morning Herald (Australia), The

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