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Retailers lose 1.75 trillion dollars in revenue due to overstocks

Retailers worldwide lose a staggering 1.75 trillion dollars annually in revenue due to the cost of overstocks, out-of-stocks and returns, according to new research from retail analyst firm IHL Group, commissioned by OrderDynamics. In the ‘Retailers and the Ghost Economy: $1.77tn Reasons to be Afraid’ report, IHL notes that the impact of...